-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Whoa Stacey just got a kick in the teeth. And her puppet Pinhead didn’t stand by her side. Please note though Pinhead said black and brown students. What about whites ?
What America’s Worst Mayor, supposedly a school teacher, doesn’t know is that the National Guard allowed the young black girl to attend school in AK(1954) and kept her safe. He doesn’t know that troops kept the people that marched on Selma safe. Those are just two examples of the Federal Government keeping the peace. America’s Worst Mayor is an idiot.
You are giving idiots a bad name by linking them to Mayor Brandon Johnson. Even idiots have more brains and common sense.