-- 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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SUCK? He does inhale food.
No, he blows!
St Clair county and can anybody guess the failed, disgusting politician that is from there? The traitor known as Dick Durbin. St Clair is always a reliable democrat win. It is very small only a few hundred votes but them folks love their idiots.
“libruls” the author might be more educated than the people in southern Illinois but they’re smarter. Another display of an arrogant liberal.
Imagine if he used the word “axed” to describe blacks or “ove u ong time” to describe asians. He’s be fired and cancelled for the rest of his life, blacklisted at every publication. But its OK to for him to use “libruls” because these people hate you, they think you’re a dirty, disgusting deplorable, and they wish you dead. I do like, however, that he comes around to understanding that the Chicago area has nothing in common with the southern half of IL. Too bad he didn’t promote succession because that would lead to two (2) more R senators in… Read more »