-- 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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Just one question, we’re is are states attorney Raoul at.
He’s too busy fighting in Trump in out of state court cases, fighting amicus briefs and joining other state’s suits. Remember, this is his life’s work, and he’s just getting started!
Smith may be a real-world example of the Peter Principle.
Is DCFS managed by the Post Office? One in the same?
Despicable incompetence. With a $1.5 billion budget dcfs can’t even fill out the reports. Sickening….how long can jb get away with blaming Rauner?? Unblocked version https://news.yahoo.com/editorial-sake-ta-naja-barnes-222200599.html