-- 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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This should of never happened if Pritzker and the internist Ezike did there jobs, under no circumstances should there have been a reason for Pritzker to sign a law exempting nursing homes from lawsuits. Now we all know why remember when you assaulted gov Rauner about the veterans home in Quincy, now it’s your turn you shall get yours chuckles you are a total failure since day 1 2022 not a chance in hell as far as I’m concerned, Republicans better remember this and have a plan in place for a all out assault the next election.