-- 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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It has always amazed me how the democrat masses believe that the leadership cares about them. If they only knew what the leadership really thought of them, they would wretch. I’ve been privy to discussions with that leadership. They think your scum.
Durbin finally representing US citizens. It’s about time. He’s retiring, so the far left can’t threaten him anymore.
No Durbin is not repping the citizens. He took orders from the D’s that they needed to end shutdown. He isn’t running again, so no harm to him. It was all orchestrated. Another D dog and pony show.
Unlike those who don’t know ( Duckworth, et al) that the Young Turks of the DSA are done with them as they desperately cling to power, Durbin is ready to saddle up, take his generous pension and perks and ride into the sunset.
Durbin is not running again, the clearly shows Democrats and wrong and he can bail now on the stupidity because he doesn’t need the voters again.