-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Has anyone found a list of the “more than 50” suits?
And this is what you elected. And you wonder why you have the problems you do. Idiots elect idiots. And you have idiots in spades.
I suspect few Wirepoints readers were among those who elected this guy.
Maybe when he can spare a minute from his busy schedule, he can look into CTU, and the other grifting unions. Oh, wait….silly me.
Don’t know about you, but knowing this news and also living in a state that’s the number one pumpkin producer, makes me proud to call myself an Illinoisan.
Does Raoul just join the other lawsuits with a form letter that the Soros Marxists provided?
It’s a wonder Raoul has any time or attorneys to prosecute violent criminal committing crimes against the citizens of Illinois, let alone any political corruption at the state level.
Maybe Il should just comply with federal law instead of suing. IL needs to turn over voter rolls , SNAP rolls, and Medicaid rolls. Raoul is just stop hiding Democrats fraud. Stop using taxpayer money to fund left wing political groups. Raoul can use his and Pritzker’s money, instead of taxpayer money.
Seeing a lot of vintage video lately of Clinton and The Diety, Obama, saying we can’t tolerate illegal immigration and wanting to deport illegals, especially those committing violent crimes. Homan was in the same role under Obama that he has now. He was apparently good then and the devil incarnate now. And our illustrious attorney general busies himself suing the feds for enforcing the law while overlooking crime and corruption in IL, which is run by his party. And bragging about it.
Obama gave him an award for the great job he was doing. Proof of the clown show.
DEI hire Kwame boasts about making “the work of (his) life” wasting Illinois’ taxpayer funds on partisan political activities masquerading as legal activity. Kwame can’t go after Illinois’ political animals, since his feathers match theirs, so he protects Illinois’ political animals and the thug and criminal elements in the US illegally. Thinking people thought Lisa Madigan was a schite AG, and DEI hire Kwame blurts out, “Challenge accepted!”
Illinois elects its worst to statewide office with the willing assistance of the utterly useless Chicago media.
Marxist meat puppet Kwame hasn’t time to investigate the rampant corruption in IL, yet piggybacks on every lawsuit against Trump he can find. Even the AG during the Capone years had to be better than him.