-- 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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We are massively overtaxed already durbin, you POS.
These 2 are just part of the ILL wacko club
FIRE THEM
Decades ago, Dick Turdbin ran as a centrist, anti-abortion Democrat. Today, that Dick would be called a right wing MAGA extremist by Grifter Joe and the rest of the Media Industrial Complex. An indication of just how far Illinois has fallen is that Dick’s continued presence in the US Senate. That Dick can be counted on to embrace any kook left policy that comes up for a vote. Note that this pile of legislative fecal matter again delves more power to the unelected the Board of Governors of the Federal Reserve system, another government agency/board that should be reined in,… Read more »
Doesn’t like anything you can’t tax
Durbin truly is an idiot, and a government hack of epic proportions. Why people vote for this piece of human trash is beyond me. He has an insatiable appetite to tax absolutely anything and everything. When the government raised MPG requirements on cars, he wanted to raise the federal tax on gasoline. He is constantly looking for new ways to take more money from the hardworking taxpayers in this country. Just go away Dick, forever.
It’s time to stand up to Durbin flood his email box and call relentlessly to stop this corrupt political hack
Judging by all the thumbs down ya all hit a few nerves……..TO BAD to the thumbs down!