-- 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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Waddles has to be known for something other than replacing Chris Christie as the butt of Gutfeld’s scathing jokes.
Aaron Del Mar is failing to deal with the issue that he is the Palatine Township Road Commissioner and the Cook County Republican chairman, playing games to protect township government. Aaron, Cook County has 29 township governments! Why? These townships have paid, with benefits, assessors and they do NOT assess property! Why? Township government was established in the 1800s, before city government, and travel was by horse and buggy on dirt roads. Aaron, how many dirt roads in the Palatine Township Road District???
Another reason township government will not be dissolved! Double dipping at its finest just like the the guy in wheatland township, just outside of Plainfield, newly elected road commissioner and a state representative ! THANKS TAXPAYERS YOU UNEDUCATED FOOLS!!