-- 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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JB the Hutt told the Chumbolones that he would not endorse gerrymandered voting districts. The Hutt then did just that, making Madiganistan join New York, California and a host of other Blue States artificially inflating leftist representation in Congress through blatant Gerrymandering. Now The Hutt waddles around indignantly wagging his finger at a Republican legislature that dared to employ The Hutt’s own redistricting strategy. Amazing how leftists can’t stand when they get hoisted by their own petard. That fake-ghetto Crockett would be out of a job in this redistricting is just icing on the cake for commonsense voters everywhere. Not… Read more »
Pritzker- king of gerrymandering.