-- 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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And there you have it. Playa’s blackness automatically makes him the best mayor in US history whose decisions and agenda are above reproach . To suggest otherwise makes you a white supremacist.
The Brando administration is nothing but a clown show now. He has revealed himself to be the raggedy individual he denied being all along. His two strongest attributes are arrogance and ignorance, a particularly nasty combination.
The entire city is a clown show. The majority of the voters elected the biggest buffoon of them all. The city has changed in the past decade. I lived in the city for many years of my life. The city, along with the Democrat Party in general, transformed from centrist Democrat years of Daley and Rahm, who were tolerable, into the far-left progressive dystopia of today, where the drunken college bars on the north side now proudly display transflags in their doorways. Like, what happened to the U of I or Iowa flags? The people who choose to live in… Read more »