-- 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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Weird headline! I though it meant that there were officials in Illinois who are not citizens and are accused of murder.
IL Democrats fighting for illegals criminals and endangering law abiding citizens. Vote them all out of office. Brandon and JB can invite the murderer to line with them.
Waddles wants due process for his invited criminals. Where was due process when he decided IL was a sanctuary state? Where’s due process when harmful legislation is snuck through the government in the dead of night? Waddles is an a- hole.