-- 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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I believe lighfoot is truly an independent (but naive) progressive whos not from the machine. But the fake progressive, $six-figure-socailist$, ctu/seiu, rosa-garsa alderman type oppertunist players who are in bed w preckwinkle/cc dem machine (and ultimately beholden to papa madigan) are out to swiftboat her ,no differt than rauner. Even after she handed them everything they wanted in teachers strike.
All progressives are naive. That’s their defining characteristic.
Followed by evil.
But whats the term/ definition for ctu/seiu /will gizardi types that want to zoom around claiming thier progressive credentials while under the umbrella of corrupt madigan machine–philisopicaly how dose that work?. Nowbody in press call then to task?. .and there $cleaning up$…where else can you become a $million $ sjw by the time you hit your 50s . .i call en the fake progressive
PINO – progressive in name only. But as they say, the enemy of my enemy is my friend, so I’m liking her more and more.