-- 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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“Chesney didn’t address the fact that republican President-elect Donald Trump has felony convictions…”
Those convictions were blatantly political. They will be overturned, if there is any justice left in the justice system!
Typical and this is just the ‘nose in the camel’s tent’. DEMS know felons are there supporters.
Well they better also allow to own a firearm to protect themselves.
Next Illinois Democrats will make having a felony conviction a requirement for running for public office. You know, because of equity and stuff.
Rank this piece of garbage up there with Durbin’s motion to go easy on the 9/11 conspirators.