-- 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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This is a total waste of money. IL is operating in a deficit. Shut this down.
Why do we need a new flag? Is this Year Zero were the Four Olds must be destroyed?
I thought that they were for the most part bland, soulless images like one sees in China, Venezuela or Somalia. They had about as much personality as a cement Soviet housing project in East Berlin.
I’m going to https://www.ilsos.gov/special/IFC/home.html every day until voting ends on Valentines Day, to vote to keep the same flag. The state is wasting our money on a new flag design!
Is it too late for recommendations? If not, I propose the image of an illegal immigrant sitting at a slot machine smoking a joint while eyeing a set worker.
*sex worker