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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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https://www.chicagocontrarian.com/blog/on-chicago-and-there-it-goes
Sooner or later she is going to say the wrong thing to the wrong person and madam mayor your going to be put in your place, be very very careful lady people are at wits end.
Lori is a dum a–! She deserves what she gets!
She complains, but I have yet to hear her call out Foxx for why the killer was out of jail for the felony he had going. She likes what Foxx is doing, because the police don’t like seeing their arrests back on the street in a few hours. Lightfoot has always hated the rank and file cops she’s demonstrated that over and over. Have you ever heard her say “I love the police”? Typical liberal, surrounds herself with numerous guards equipped with deadly force, then denies that same protection for the public. Then when one of those guardians is killed… Read more »
I suspect Lori is going into hiding for the weekend. Why go out and provide her detractors an opportunity to publicly give her the finger! Caught on camera but only shown in the UK media. Chicago, maybe a month after. Maybe!
Lori is the first person to attack and demean, but when someone reacts in kind she has a breakdown. Don’t expect others to take the high road when you never do.
Just like Pritzker does to peas in a pod.
Asked to address the officers’ protest, Lightfoot lamented that “we are living in a time where people don’t respect each other.”
This from someone who said, “And I will code what I really want to say to Donald Trump. It’s two words. It begins with F and it ends with U.”
Look in the mirror.