-- 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 is just impossible to overestimate the magnitude of her ineptitude.
Lightfoot you are a disgusting scum bag.
Well the arrogant little turd sure told them, didn’t she? Or is it he? Or maybe it?
Lori isn’t going to expose her puss until next week. She’s being excoriated in the world press over the Carter fabrication. She’s showed everyone how dumb she is!. She could have just said maskless bagpipe players could be a CDC violation. Instead the dunce tries to catch shade on Toni’s turf. So the county says she’s full of beans! This is better than an Ignatius Rielly adventure. Where’s officer Mancuso?