-- 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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Ford is probably gearing up to replace Danny Davis when he retires. People forget the only reason Kina Collins was a somewhat viable challenger to Davis was because the current crop of hopefuls in state govt are patiently awaiting their turn.
“Democratic Chicago lawmaker” = “Y – O – U are part of the *problem*”
In the last election, Democrat challengers were too chicken to his Foxx hard on her crime fails
So if a white Republican who has been a prosecutor for 15yrs runs against Foxx for states attorney will Mr Ford vote for that person? Asking for a friend.
If other Democrats want to take on Kim Foxx, they can’t run a weak as water campaign like they did the last time — they need to hit hard on her crime enabling failures