-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
CNN just will never learn…
Can’t cure this stupid.
Kinzinger now has a familiar shoulder to cry on when his feelings are hurt
He doesn’t need a paycheck. He made over $10 million on an insider utility deal just when he left government. But he is still one of the biggest all time BLANK BLANKS anyone has ever met. Anyone who knows him says he ranks right near the top of the list.
This looks desperate. He has no political future, like any establishment Democrat, so he’s probably just looking for a paycheck.
This is great news. Putting Rahm someplace where he won’t be seen is wonderful. CNN is DOA. It’s what happens when you lie to the viewer.
Great, now CNN gets their own Joe Buck.