-- 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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Rich Miller is the Mike Madigan propaganda department. Miller is to Madigan as Goebbels was to Hitler. Take everything that Miller writes as spin, disinformation, fabrication and propaganda.
Rich Miller wrote this column. The man spent decades kissing Madigan’s butt but suddenly now he’s trying to find himself on the right side of history? yeah right, go back to dog grooming, Miller.
Unfortunately are governor will do absolutely nothing to force the weasel out of office. It’s sad that are current governor gave 7 million dollars to the weasels campaign fund. I’ve been wondering how in the hell all these bills just flew thru the committee he controls, now I have my answer. Money is the root of all evil, yes Mr. Priztker, Mr. Weasel you are next to go down just a matter of time but hurry jabba only one double wide cell left, for you Madigan your boyfriend is waiting.