-- 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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Lori will never comply. She will continue to do whatever she wants when she’s wants to. She hates white people and has made that perfectly clears.
I’ve heard this entire kerfuffle is one incident last year. Lori was out on the streets around city hall observing Covid compliance. She was wearing her Department of Water Management disguise replete with the fedora. She was standing on Lasalle just off the curb haranguing people and jabbing her finger very aggressively. Passerby called the police and reported the individual as an aggressive panhandler or pimp. She was now in the middle of LaSalle, ranting nonsense. A high seniority Caucasian police officer pulled behind her and before realizing it was the mayor, told her to get her ass up on… Read more »
It’s actual very simple, Lori is a flaming racist and can’t tolerate being questioned by a Caucasian . Easy to justify until you’re caught!