-- 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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Since when does Proft have to explain himself for exercising his rights?
Dems & reps are doing same thing as proft nation wide…buzz word “pink slime news”. https://www.independent.co.uk/news/world/americas/us-politics/fake-news-american-independent-democrat-b2198098.html
R’s have their own local and D’s scream to high heaven “fake and biased news!”.
D’s have their own fake local news and nary a peep.
That’s just how D’s roll, always accuse the other of doing what you are doing yourself.
Jb & the machine should have the kahunas to publish a list of ALL the news outlets they feel are officially fake/ carnival barker news. Vrs ALL the bastions of truth, equity & pro machine spin leaning news/ research outlets that are now increasingly taxpayer funded –ST, BGA, Reader, WTTW, WBEZ, etc, & endles resarch think tanks at Uof I and U of C, etc or endless public sect union dues funded–capfax, ctba, ilepi, etc, etc, etc…… Why keep confusing the public???
Leland Vittert’s show, by the way, is outstanding — On Balance on NewsNation.