-- 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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The number one dummies are the ones who voted these two in office-twice for fat body they’ll never change
“Illinois political expert Thom Serafin of Serafin & Associates [said] ‘The mayor is a real gentleman…'”
Based on what evidence?
When Pritzker said Trump would have go go through him (a formidable task) to get to “my people,” he effectively owned all the illegals. I hope the Republicans will make sure he owns that in 2026 after an increasingly broke Illinois has become a mecca for illegals.