-- 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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What a danger to society this man is unlike the murderers, rapists, robbers, who can go free with no bond. Who is the danger to our society, democrat, communist legislators.
Welcome to River Forest wives and mothers, not for the faint of heart.
Article fails to mention that ex-wife’s attorney is/was also her boyfriend.
The article mentioned it.
Found her twitter, not hard to find. Not sure why a successful trial lawyer would become romantically involved with his own client, who has seven young children of her own and going through a really, really messy divorce, but I suppose some people thrive off drama. I thought maybe she looked like Helen of Troy or something, but not so much.
Imagine being a millionaire developer in a big city like Chicago, but having your personal life be such a complete mess, with a vindictive ex-wife, seven screwed up kids, millions of dollars in legal bills, bankruptcies. What a complete mess.