-- 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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Ervin obviously flunked her high school Civics exam and history classes. Under Article II of the Constitution, the President is responsible for the execution and enforcement of laws created by Congress. And yes that includes immigration laws in order to defend against foreign invasions such as….Cartels seeking to destroy us from within our country- USA Constitutional Republic. To openly demand a US city to boycott against the US Treasury is surely an act of treason against We the People. Perhaps she’s an embedded mole working on behalf of a foreign adversary-Soros ngo stooge? Nonetheless, she’s espousing treason against the federal… Read more »
For some odd reason I thought the job of the city Treasurer was to maximize ROI, not make political statements. I guess I was wrong.
Ervin is yet another example of the unqualified, incompetent DEI hires that put their politics, because “ mean ole Trump is all they have, before business and common sense. The fact that she and her husband defaulted on a loan for a house that turned out to be a drug den and tried to stiff the lender ( Wells Fargo?) give me pause as to her financial acumen.
Another DEI HIRE
NOT a DEI hire. She won an election, something you or anyone else who visits this site would never be able to do. She, she is, and I’m being nice her, special needs, but that basically and literally describes a major of Chicago’s population.