-- 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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Cook County/Chicago provide all the votes necessary to elect any democrap in any statewide or national, election. They really dont need much more when democraps pull 90% of the vote. Generally statewide 90 to 95 of 102 counties are majority red.
Bingo
Did Bette Midler write this article? The article portrays downstaters as unvaxxed rubes who only care about abortion and guns….which is so rich, and ironic, because it was the DEMOCRATS that are so obsessed with abortion that they passed the most vile baby murdering laws in the country. But WBEZ says that Republicans are obsessed with abortion. This $ h it is so difficult to read. I know WBEZ’s audience, but this isn’t journalism, it is fake news designed to reinforce the progressives’ world view. It’s only a matter of time before the progressives demand downstaters are put into camps… Read more »
None of this really matters anymore with drop-box voting.
Glen should have been Governor but was subverted by his own party.