-- 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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Met some guy a few weeks ago who said that Durbin seems like an honest guy who is doing a good job. I asked this guy if he was on crack because durbin is a complete hack that spews fake talking points and demonizes anyone that didn’t vote for him.
At least Durbin stopped talking about protecting the dreamers. Guess that didn’t get him much in the way of campaign contributions.
I am surprised that Durbin didn’t find a way to link this officer’s tragic death to more money for AMTRAK as he did with the 9/11 attacks. He works only for his biggest donors.
Can’t they find something for this douchebag? Biden should give him a big flashy assignment. Something the whole country could embrace and cheer! Put Dick Durban on a Blue Ribbon task force to eliminate pest phone calls. Fight fire with fire! Put a major pest in charge.
Durbin, the communist senator from Illinois should be waiting in line at the nearest gallows for his turn to take the drop. Useless 40 year politician who’s claim to fame is that he’s been useless for 40+ years.
Dick Durbin needs to be set to dance.