-- 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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Good old Dickie – he never lets us down. Long past time for him to step down… and, Dickie, encourage Ms Duckworth to join you. What an ineffectual duo.
Well, ya know, I am sure The DICK thinks that this piece of human trash served his time, so hey…let him out to damage the lives of more people… This illegal served time for KIDNAPPING. Not parking tickets, not jaywalking…friggin kidnapping! What the hell is going on in Illinois that makes this the right thing to do?! Good God.