-- 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’s good that Durbin is retiring. He doesn’t represent law abiding US citizens. He should take useless Duckworth with him. Unfortunately, the Democratic candidates are worse and more far left than he is.
As annoying as Pelosi’s lapdog Dickhead is. I think Tammy will be more annoying. She’s got to go
I suggest that D & D go jump in the river
What’s that question? How long can you treadwater
The federal government has jurisdiction with respect to navigable waterways, like the Chicago River.
If Duckworth wants something to do on waterfront, she should take a long
walkroll of the edge of Navy Pier.ICE is over the target and Durbin and Duckworth don’t like it. Too bad.