-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Couldn’t happen to a more deserving guy.
Smollett can’t act, was weakest actor in “Empire” ensemble, with a slight repertoire of snarky expressions for every scene and context. Think he was hired for “Empire” only because of his “friend of Michelle” status, and fired because he played that “friend” card once too often.
It will be swept under the rug to avoid any further divisive issues or some other nonsense. We’re going to mitigate this for the community. Congratulations to everyone.
Hopefully this trial will bring the incompetence and corruption involving Kim Foxx the miserably failed states attorney. There is no doubt that political factors from outside of Cook/County/Chicago influenced the original decision to drop the charges. Hopefully the behind the scenes manipulations will be revealed.
Not sure if you’ve seen The Wire, but Jussie is going to walk free after this trial.