-- 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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Trying to make something out of nothing.
Give me a break from this madness!
Blacks are victimizing blacks at record numbers, yet WTTW focuses on a report of hate crimes against blacks?
What a waste of resources – report on something that is relevant, WTTW, and stop stirring the divisive racial pot.
Where’s Lori? She’s keeping a low profile this close to the midterms. Noticed Barack and Joe having trouble drawing anyone to their lecture series!
I read the entire article; it didn’t give ONE example…ONE?
Because it is not true.