-- 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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Isn’t aiding and abetting criminals against the law ? Of course with our judicial system Putzger and Pinhead would just be wearing ankle monitors and be free to keep doing it
More of our tax dollars being used to help illegals circumvent the law after we’ve already fed, clothed, housed and educated them. The hits just keep on coming in IL.
No need to worry about family separation when the whole family gets deported together.
Even non-English speakers can figure this out.
Hasta la vista!
Wow – if they only worked that fast to clean up trash, arrest criminals and get the city back on its feet. It is embarrassing to say you live in Illinois anymore with these idiots on TV all the time. I don’t think a majority of citizens agree with them, but the gerrymandered districts apparently do.