-- 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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She should have directed her nonsense against her fellow Democrats. They are pushing an unpopular impeachment to please their crazy far left base while angering everyone else. They’re setting records running away from their impeachment train wreck
Presented without comment because Mendoza is a complete hack. First of all, Blago was under multiple Federal indictments at the time while Trump has been cleared over and over again of any wrongdoing. Secondly, Blago was not very popular with anyone at the time, including Democrats while Trump has a 90%+ approval rating among Republicans. We literally love the man! It is not ‘courage’ for a GOP Rep to vote in favor of impeachment – it is political suicide. These Democrats live in their own little world where they don’t really know any GOP voters, they don’t socialize with them,… Read more »
Not surprised, considering she’s the same state comptroller who tweeted that the state was better off without the taxpayers who have been fleeing. Math is for Republicans, after all…
We left the burning dumpster of illinois,over a year a go.We love are new southern state.You can live your life without being stress out.Even my truck insurance went down when we moved.Life in great out side of the concentration camp called illinois.What i save from being gone,pays for 3 months out in the camper in the summer.We have money for fun instead of the illinois dems.