-- 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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Trica should be used to America’s Worst Mayor and his daily litany of crying racism about everything. This clown wants the Confederacy to rise up and attack CHI so bad he can taste it over his regular dose of Prozac.
Johnson always pulls the race card to cover for his incompetence. He has nothing else.
Hey, pin head how about reading and seeing the weekly videos of shootings and killings in
predominantly black and brown parts of the city.
this is ongoing with no signs of stopping.
How about all those violence interrupters
you got on the payroll, what the hell do they do?
you and your masters at CPS all just care about,
” first we get the money”, this is all falling down like a house of cards around you.
The way out is through the St. Louis arch, go west and south people it the only way.