-- 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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Ah yes, the old “refinery issue” scam is always good for increasing gas prices. It’s right up there with hurricane threats in the gulf and geopolitical unrest. A few times a year we have BS excuses to raise oil prices to make the rich even richer.
“ It’s always somthin’!” Rosanne Roseannadanna.
CANT GOVERNOR TUBBY STOP THE STATE TAX UNTIL THE GASOLINE MAKERS GET BACK IN ORDER
That would be a nice thing…….he’s not nice…..all he wants is your money
First they killed [comment deleted and commenter blocked].
We don’t allow it, as I think you well know. We delete them and block the commenter as soon as we see them. And we’ve had remarkably fewer of them than you see on most open comment sites running 24/7.
Does “heeb scum” not rise to the level of antisemitism Mark? I know you say you don’t allow it but I’m seeing more of these types of comments that are staying up. Even after I pointed this out it still remains.
He took one down yesterday. I trust Wirepoints to have a zero tolerance policy and I haven’t been disappointed. It’s a small organization that honors diverse views and blocks those that cross the line. I’m not going to critique them until I’m capable of doing it better.
Oh, we missed one three years ago. We don’t read all you write. You’re just plain lying now if you claim we tolerate racism here, so knock it off or you are out of here.