-- 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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It looks pretty good with the wife going to a Republican led state that’s handled all this very good.
Jay Bob Pritzker ?
Mary Kathryn Muenster Pritzker ?
Ah, the intelligence of the low information voters of the state. They unceremoniously kicked out of office a millionaire governor, because he only cared about the rich, and elected a billionaire governor, who only cares about himself. The irony of this all is that both Rauner and JB’s wife are now living in FL. Actually, it wasn’t the Republican voters of the state, Rauner only lost something like 100,000 state wide votes. It was the 800,000 new voters that showed up (dead or alive) and nearly all of them ‘voted blue no matter who’. 400,000 of them came just from… Read more »
They were really excited that JB said he was going to stand up to the orange man
We moved in 2018 out of the burning dumpster fire.When we vote in our new conservative state you can feel that it is honest,I voted in il for years,but the same crooks kept wining
International news. Our alustrius gov has officially made international news with his idiocy.
There aren’t enough toilets in their Illinois mansion.
Besides they realize that the Florida governor got it right.