-- 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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I will never set foot in McCormick Place ever again.
Done & dusted.
In the past I have traveled from the burbs to McCormick place and had some fun times there. I won’t be doing that anymore. It won’t take long for the wilding hordes to discover a fresh set of victims and begin their assaults. For any event in chicago the risk is far greater than the reward.
Go downtown to the auto show, end up in the trauma ward. I’m putting this at the top of my list of things not to do
I was there in 2012, before that 1963. It’s not high on my list.
When I go to the auto show, can I get a tour of the McCormick place hospital JB built to handle the thousands of patients that were coming? You know, the one where he told Trump he needed 20,000 ventilators. Pay no attention to the fat guy behind the curtain furiously pulling levers to control the uber left wing media.
I will never set foot in McCormick place ever again.