-- 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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About time he retired. Would it be too much for him to tell people in the drivers license facilities to show even an ounce of courtesy to people there? Today I took my daughter in for her test. I and many others waited 25 minute only to be told they stopped taking new people on because they were too busy. No sign up to that effect. Inexcusable.
The DMV has to be about the most uninviting place I ever have to visit. With all the signs everywhere telling you the penalties for just about anything, it makes you wonder if you’ll go to prison for coughing.
Another aspect of the mentality that has no qualms about shutting down schools and putting parents and students lives On Hold for indefinite durations. Perhaps not that different from jury duty: “set aside all of your doings and [show up at the court house].” Elsewhere along the spectrum are (were) the military draft and the covering of parked cars in snow emergencies.
“Sorry; can’t help you; I’m on coffee break.” Clint Eastwood is never around when you need him.
I have been to a DMV in a foreign country (an ally of the U.S.). Nice people, modern, fast and efficient. We were in and out with a new drivers license within 20 minutes. And this was in the country’s most populated city.
The public servants here, however, are a special breed in their own class. That goes for both the people working for the government and the politicians that work for them.
Yet Jesse got the overwhelming number of votes each election with many Republicans crossing over the aisle to check Jesse’s (D) box. Even though they knew the Secretary of State was a cesspool.
Lots of news today – no Jesse White, no Dorothy Brown.
They know when their time is up, as the Feds pull them aside and tell them quietly step down. The last 12 months have been interesting – the next 12 will be even more interesting.
Maybe the little evil leprechaun will step down too.
Groot?