-- 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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People working downtown need to start telling their employers they must work from home or the employer is liable for their safety.
Hopefully the Wildlings will continue to work they way North up Michigan Ave.
The entire Illinois and country democratic structure is being run by dangerous vindictive morons. You exist only to make them wealthy!
This comment about the brutal attack: “The woman is furious to know there were four other attacks by the same group – and despite police arresting some, it was disheartening to know that as of Wednesday night, no one was in custody.” Downtown Chicago, State Street, that great street, my kind of town, all horse crock.
Yep, you aren’t safe in the Loop. Lori doesn’t care enough about you to stop this animalistic behavior, and Lil Kim won’t charge the offenders. Take your business elsewhere. Vote with your dollars.