-- 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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If that’s all she’s exited about !!
No money for Illinois. All funds will be diverted to The Dementia Joe Care Fund
Lori, you and Pritzker question the vaccine and indicate you need to evaluate the vaccine because it came from the Trump White House (it actually comes from Pfizer and Moderna). All your TDS afflicted supporters cheer you and now you’re surprised you’re at the back of the line for vaccines. Don’t expect any money from the Biden White House either, Biden doesn’t need you to carry Illinois, we have more than enough dumb voters. Time you wake up too, Durbin and Duckworth have been totally useless bringing money back to Illinois, not that it matters we’d just waste it anyway.… Read more »
Possibilities of what?
He wears an ear piece and only does what he is told.
Detroit was once important on the national landscape too, until it committed suicide. Chicago is determined to follow that same path to self-destruction.
Oh Lori, it won’t be too long before you become disappointed.