-- 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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She claims that she has the authority to approve no bid contracts. One of them was a $190,000 contract for printing. It would be nice if Kwame would look into some of these contracts. Unfortunately in Illinois we elect the Attorney General to look the other way when there is potential corruption.
For those living in her shadow, we can only hope the contract didn’t go to the same company printing the election ballots in Cook County.
So, you don’t want to follow the mandate re paying bills and run tell Kwame so that he can give you some “ options “. With some folks actually paying bills is the last option. As the one black comedian once stated “ Black folks don’t declare bankruptcy, they move!”. So it would seem with government officials.
She has been a problem since day one. Incompetent to handle any elected position. Had no work experience what so ever. No management skills. She paraded around Dupage County for years saying the elections were rigged and was planning on suing the County, but once she got elected she dropped her lawsuit and now wants us to believe, since the Democrats took over, that our elections are all legitimate and on the up and up. And her auditor friend, Bill White has not done any audits to speak of for four years and covered for her as long as he… Read more »
Same woman who said it was her verify the signatures on late arriving ballots however she wanted. She’s an AWFL.