-- 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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They labeled “Jane the Actuary” an extremist without any supporting proof.
If you want to see a collection of extremists, look no further than the Pritzker family tree.
Anyone that does not agree with JB Pritzker is an extremist.
Anyone that agrees with JB Pritzker is compassionate.
LOL Extremeists are the crazy people putting pornography in schools. Their justify the filth by saying “it’s not required reading”.