-- 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 race of victims and suspects, when known, should be released by the City to the public.
Picking and choosing when to use race to achieve political objectives is garbage politics.
80% of them will be listed as Covid 19 deaths with contributing factors after autopsy results show positive Covid tests. Covid is king!
The state and the city have to get their money somehow and it seems that Covid is king when it comes to somone passing away.