-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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The Slum Times isn’t even a shadow of what it once was. It’s now an arm of the Democratic Party following orders from City Hall, County Board and the governors mansion. It won’t be missed.
How the Slum Times hung on this long should be a case study in business school.
This is what happens when you turn your back on your customer base in favor of raging for the machine. Parrots don’t even want to crap on the Sun-Times, much less read it.
Can the Trib be far behind?
#DefundPBS
#DefundTheMedia
Another Left wing publication going down the tubes.