-- 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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Here we have a left wing smoocher of the Mayor’s bottom pleading with the Failure on the Fifth floor to continue to support the dying trib. The trib will die because it is no longer a newspaper. It has become a state controlled propaganda organ of the far left wing, much like Volkischer Beobachter. Those with knowledge of the period 1920 to 1945 will get the historical reference. The trib has gotten so bad, even fish guts don’t like being wrapped up in it any more.
They did it to themselves, unfortunately too. Their liberal bias went hard core left wing to try and appeal to progressive millenials, and abandoned their based of older more centrist readers.
No one will cry for the death of the Chicago Tribune
Who cares what she does? She’s done, one term failed racist, hateful, mayor.