-- 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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Hey Lori have you looked behind you lately
Lori has nothing but fat between her ears. On the list of top ten problems Chicago is facing, childhood obesity came in at 72.
Remember when Lori was taking pictures of gay dudes romping on Montrose beach without masks last August 2020? “It’s a pandemic people” she snarkily tweeted to her followers. Meanwhile, on the other side of the city, AT THAT VERY MOMENT, tens of thousands of people were renting Uhaul trucks preparing to BLM (Burn, Loot, Murder) the city into ashes that night. Lori’s suggestion to limit sugary drinks is the same thing all over again. Kids are being shot right and left and are dying, and the city is collapsing. But she’s using her political capital to force kids to drink… Read more »
So Lori declares Toni is a bungler! A New Democratic banner, childhood obesity! Why do all of Chicago problems involve the failure of the parent(s)?