-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Lori is preparing for her life after beungbmsyor. Shelll be executive vice president for government affairs. Chief lobbyist.she’d be perfect, people would agree to anything to get out of their office especially when she shows upwith a load in her pants.
The disasters are blowing up everywhere. It’s all happpening too fast to examine the minutiae. The way this is being railroaded into existence. Hmmmm…….is this a peak atbLori’s future. She’ll be indicted for violating The Mann Act. Running whores across state lines.