-- 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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Chicago is a great place for criminals, crooked lawyers, and crooked judges. Corruption was and always will be king in Chicago.
There’s even a book called When Corruption Was King by lawyer Robert Cooley. Cooley was a fixer of court cases. He describes the mob situated across the street from City Hall running the govt. …
Think about the history of this ugly city combined with the pro-crime leftist agenda …
Foxxes guarding the henhouses?
Kim Foxx releases violent repeat offenders and has no liability when some of these commit more violent offenses. If Andy Frain is forced to hire felons and they commit crimes on duty, they will be sued. Their customers deserve Frain’s reasonable due diligence in selecting employees.
How to drive another business out of IL. Gotta hand it to JB and his fellow Marxists, they’re consistent.
Can’t fix stupid