-- 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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Illinois’ corrupt politicians taught CTU that greed and power – not public service- is all that matters. This article proves the point. If CTU cared about people, they would ask for nothing for 3 years.
The woke upper-income CTU’s complete contempt for the middle-class taxpayer/homeowner trying to survive in a free market economy on full display….they, the pols and press that support them hate you but take it for granted you will continue to pay.
CTU members are parasitic scum. Bust this union now.
Spot on.
“just not soon enough” might mean you are addicted to torture or you’d have left already. Kinky doodles dandy. Time to talk to a psychiatrist?
Converting empty CPS schools into shelters for transient students is going to run into the same issues as converting unused schools into SRO’s for transients in general. No one wants it in their neighborhood.