-- 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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“Anonymous complaints”
These anonymous whistle blower allegations have a way of backfiring, how’s Biden polling right now?
“The complaint, which was not dated, continues: “He is verbally abusive to employees and yells at people so loud that the entire office can hear him. He made people cry when yelling at them. He also throws ‘temper tantrums’ and becomes physically threatening by slamming doors and other things.”
Snowflakes melt when privileged cis-gendered man demands quality work product from employees and vocalizes his concerns.
Yep. If it was Stacey Foreman-Gates doing the yelling, we wouldn’t be reading about it.