-- 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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“The event drew hundreds of anti-violence violence workers from around the Chicago area…”
Another astroturf event celebrating more government employees and their accompanying political donations to the DNC. If this is working so well, maybe instead of wasting money on freebees for illegal immigrants and shoring up all the idiotic ‘fiscal cliffs’ around the state, spend it instead on this program.
Here’s the rub: Uncle Fed is broke.
Chris, you’re not even trying. Maybe Fran can snap you out of the talking points regurgitation game and show you how to employ context.
Does mental instability run in JB’s family?
Public safety under attack from Democrats protecting criminals.
Punchline Pritzger never fails to deliver.
Gov Safe-T Act & Sanctuary State Pritzker is now suddenly concerned with public safety?
Do people still read the Sun Times?
I do think the Chicago political coverage is good, thanks mainly to the superb Fran Spielman.
But yet this jerkoff lets prisoners out of prison without informing family’s of hardened criminals being released, sex offenders and a whole host of other criminals, this guy is unbelievable nothing but the greatest Hippocrate alive such a evil person with a personality of a donkey and he’s in a black community touting his bull crap.