-- 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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Evans’ office would do anything to keep the “ not horrible “ train rolling.
The court clerk who has the records, knows the numbers and stats is wrong. Nice thinking from those criminal loving politicians.
Somebodies a’lyin!
Hedy the democrat clerk has one set of numbers. The democrat judge has a different set. They are going to have another study done by democrat liberals from Loyola University. One might reasonably think they don’t know what the real numbers are and they are just making up numbers to support their positions. One is probably spot on. The democrat Sun times doesn’t like what the Democrat clerk says, so they write an article claiming she is wrong. Do any of you really believe you are going to get a straight answer from any of these mooks? I’m curious does… Read more »