-- 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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“ Please let me send my kids to better schools as I label you as racist for wanting to do so. Please don’t make me pay thousands of dollars in past due water bills. Please don’t penalize me for tying to pull one over on the tax man re my Indiana residence .” Out damned spot, out!
She is a straight up hustler. She brands any pushback or criticism as racist or sexist, which dilutes real claims. She is not a victim in any way. The children of Chicago suffer from the greed, politicization, mismanagement and callousness of the city, county, and the school leaders who, coincidentally, just happen to be “people of color”. 29,000 per child and they cannot keep the schools clean, safe, or even teach the children to read, write and do basic mathematics. This woman deserves to be ridden out on a rail. The schools are not good enough for her son but… Read more »
THIS ONE AND THE MAYOR OF DOLTON…….SAME MIND SET…..BOTH NEED TO GO!
It’s “ their turn.”