-- 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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Another half-told story by DNCTV’s very own WGN and the left-wing echo chamber, the AP.
Come clean, WGN, exactly what were the changes made? They cut off the Coof slush funds. Tell the whole story, not just the DNC press releases.
No matter how much you hate the media, it’s never enough.
It’s pretty sad when bottom feeding channel 2 covers crime stories more in depth than the other Chicago water carriers.
These grants are for COVID. Reapply for what you’re really using the grants for. Transparency!