-- 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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Not smart to do this. Of all people, I truly resent the WOKE attitude. But this is the same only the other way around. Not acceptable for a Judge.
Her goose is cooked. And that’s a good thing because she had the lowest percentage of detaining felons amongst all judges, less than 50%. Like many libs, her public persona and private reality didn’t quite match one another.
Sometimes the truth hurts.