-- Connecting the dots between our economy, government and business --
In Chicago’s business community, Pritzker has long been known for his affinity for cards. A poker book has been seen on the shelf of his Chicago office, and he’s been spotted sidling up to a table while traveling.
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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“He’s a whale in Vegas”? Actually, I think that perhaps JB is “a whale” anywhere he goes…
He gambled with the states budget and lost. Luckily the taxpayers suffered
Need to investigate this story . Literally impossible to win the why he stated . Made it sound like he played a couple of hours . Roll the video !!