-- 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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It would be instructive to find out where Izzy Stroobandt and Randy Gyllenhaal obtained their journalism degrees. They both should demand their money back, as it a chimpanzee can regurgitate talking points in service to the DNC.
Did either of these pretend “journalists” mention Mayor Cliff Notes’ single digit approval rating or Mayor Notes’ spending the city into fiscal oblivion? Naah. These “journalists’ gushed over his attendance at a similar charitable event to the one at Navy Pier.
No matter how much you hate the Useless Chicago Media, it is never enough.
Being attacked by an unruly mob you have a right to protect yourself.
Need more pepper spray and tear gas, all agents should also be provided with hand tasers to immediately take down anyone touching a federal agent.
Of course the local media has to mention Elgin, which has nothing to do with the topic at hand, but neglects to mention the particulars of the incident. You don’t hate CHI “ media “ enough.
Would be a sheer coincidence if the disrespect and chaos in Elgin just happened to tie into the date of Noems appearance.