-- 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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Is there any hope for the State of Illinois when the Supreme Court is corrupt?
It seems the entire judicial and legislative government of Illinois is simply a joke. Every state has their grifters and cons, but Illinois…is on a whole different level. Nothing in this state makes any logical sense to regular people and tax payers.
The illuminati and freemasons really look our for themselves dont they. Do people realize the two party system is all fake and their votes probably arent even counted they pretend they count the votes, total clown show this all is.
Why did you change your name? Oh yeah, Mark kicked you out.
keep up the crazy