-- 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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While Mr Lausch and the fbi are cracking down on corrupt illinois pols left and right kwame’s content to hitch a ride onto every progressive national law suite to try and make a name for himself. Sure he has visions of himself in senate or house in DC. Illinois is just a stepping stone for kwame
And kwame got $100s of g’s from comed, peoples gas & public sec unions to get elected..so why would he want to rock the gravey boat and go after coruption in ill gov
His life’s work – suing vaping companies.
This man should be ashamed of himself.
Hard working man. What a waste