-- 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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All in for JB as governor? A lying, conniving, corrupt (yes he tried to bribe his way into obammy’s Senate seat) entitled, egotistical, elitist who is selling a bill of goods to the public that he, and only he, the great and powerful Bubblehead, can solve this mess. Illinois, make that Cook County, can elect some of the most corrupt and incompetent politicians in the country.
Jay Bob never wanted Obama’s US Senate seat. He commented on potential Black office holders. ?
Lashawno Ford is no different than his predecessor, Calvin Giles.. ☹️
Ford criticizes Jay Bob, but still supports him. ?