-- 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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Want another South Africa?
She’s going to need more than that. Stratton is a horrible candidate with no legitimate accomplishments other than her TDS.
The amount of money donated by a PACS needs to be capped tired of Pritzker using a loophole to buy another election. Anyone JB endorses is not for Il US law abiding citizens.
Anyone Putzger backs vote against. Stop the big rich boy from turning this state into his corporation with his hand picked board of directors
Pritzker is the best argument for a billionaire’s tax that I can think of. If he can’t think of anything better than that to do with his money, he doesn’t need it.
Jumbo buying another politician that checks all the socialist boxes. The people need to vote for change or this band wagon of manipulation will continue till the US is unrecognizable.
She’ll be his puppet!!