-- 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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Karen Lewis’ last thoughts lingering on Chicago’s current political landscape? How lame.
what will the desperate for ratings news & poor reporters do without KL? comrades gates & sharkey are a poor substitute
Clinical observational studies have shown that most people’s dying worlds are gibberish and mumbling, with quite a few people crying out for their mother. The chances of Karen, dying of brain cancer, using her last remaining breaths to slander Lightfoot, is absurd.
A page right out of the Ruth Bader Ginsburg playbook. It’s almost like they are reading from prepared scripts…
do you believe him? I would think clinging to life your last words would be about your family or the Creator or something like that.