-- 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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Pritzker is really afraid the real truth will get out about him
Pritzker felt it was appropriate to put misleading political ads on gas pumps but stops other ads by acting like a child and hitting people over the head with his wallet. Hypocrite.
So much for free speech and freedom of expression in IL.
Too bad the Herald buckled- money talks.
Prickster continues his dictatorship with no push back from anyone.
I’m surprised he has not shutdown Wirepoints…
He throws around hundreds of millions in advertising dollars. Nobody wants to offend him. He alone turns the journalism and publishing industry from red to black.
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