-- 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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Raoul is in way over his head! Another democrat!
Raoul was warned and supposedly did absolutely nothing, resign now Raoul you’ve been a do nothing since day one you like the rest of Illinois legislators are a total embarrassment to the people of Illinois
According to Kwame’s campaign ad, he’s just getting started…
Now that Trump is gone, all problems have been solved, and there is nothing left to do!
The attorney general staff has not been coming to work in over a year. And they haven’t been working from home. They are stealing money from the taxpayers and the inspector general does nothing.