-- 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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Oh Bezos the Bozo, pandering to the PC BLM folks, trying to remain in good graces of the Obamas…I assume he was a party-attendee at August’s b-day bash at that exclusive island.
Epstein’s island?
Imagine what good Pastor Corey Booker could do with that money.
What a vain waste of resources.
Where’s it at? I want to go there and drop a giant bowel movement right in the middle of it.
What a dope! I thought the guy was smart. Pays millions to a freeloading grifter to name some part of the monument after a windbag.