-- 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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Kass talks big now but he is a supporter of Lightfoot so he has absolutely no credibility with me any more. He is a RINO clown.
The Chicago police officer shot Sunday March 14, 2021 in the Gresham neighborhood suffered a minor injury.
The Chicago police officer shot Monday March 15, 2021 in the Calumet Heights neighborhood suffered a major injury.
who wouldn’t want to be a criminal in Chicago?