-- 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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Were is are states attorney at get off your you know what and get to work on this .Madigan you always claim you have no knowledge of anything, time to go to the big house curious why didn’t Lisa run again for states attorney cover up or the fact your daughter would have to prosecute you and everyone else in Springfield. God you people make me sick, Democratic scum
Raoul Kwame is all over this, don’t you know? It’s his life’s work!