-- 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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7 convicted of murder, murder and this governor lets them go. You just went to far this time Pritzker. This is not a time for political grandstanding as you said. You did this for what then, political grandstanding. You are a evil person. You are so disrespectful to all law enforcement across Illinois for doing this. And of course Kim Foxx had no objections, remember vote her out of office in November