-- 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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Does anyone know if the city is housing illegals in the parking lot of the Irish Heritage Center on the NW Side, 4626 N Knox Ave. Went past there the other day and their parking lot is full of white trailers. Did not have time to stay and observe. But if there within the week, will make a point of it to stay and watch.
Be interesting if the places were for immigrants considering that RLP Development is owned by Senator Jason Plummer’s family.
He dispels it this week, will encourage it next week and implements it the week after that. Count on it.
Oh, oh, still at it. If you don’t have an explanation for why you disagree with the article, then I’m sure you know where you can put that down thumb.
Pritzger dispersing illegals all over the state with envelopes of money as we speak. Bet it.