-- 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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Cook County, you voted her in Have fun and good luck with your crime!
When you have had enough you will vote her out!
I quite honestly have my doubts about the legitimacy of her election, I highly doubt large blocks of hispanics and whites voted for her because everyone seems to hate her and there were two other competent candidates on the ballot….
But the we know the ballot counters in the basement of the county building all supported her and wouldntchaknow she managed to eek out a primary win…
Sounds reasonable, until you realize that she has a far different definition of “violent crime”. Looting doesn’t qualify.