-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
At this point, one gets the impression that Henyard sees the writing on the wall and is trying to make a big, dramatic show on her way out. Like many, she thrives on the attention and publicity she gets through social media with her outlandish videos and events. What little jail time she may receive is outweighed by having her face out there and the ensuing drama.
She’ll be a hit in prison need I say anymore
Good! I want to see the final tally; for my own confirmation.
Good God – isn’t she in jail yet?
She’s like a Democrat Trump.