-- 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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DuPage County has become the happy hunting grounds.
Well, I guess their Destiny in life was to become Outlaws.
Shawanda Outlaw and Destiny Jackson will make sure they are stealing in Chicago/Cook County next time so they don’t have to spend time in jail when they are arrested.
If we had honest journalists, they would grill JB everyday as to why he signed the NON SAFE-T act.