-- 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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Madigan, Burke, the Daleys and Rahm are untouchable. ☹️
From the feds but not citizens!
They always won elections. ☹️
He did nothing wrong.. Just got people jobs. Nothing else has been proven. He will walk away scott free. All he needs to do is drag this out to 12:01 PM on January 20th when Biden ascends to his righfull place as prez. The FBI probe will magially stop once Biden takes office. Don’t worry, Pritzker, Durbin and Madigan will again be BFFs.
One of the most despised politicians of his time. He played a key role in destroying the state. No mercy.
He needs to be locked up!
Its illegal when its a quid pro quo ie something for something…fry mad madigan
Deny deny and delay. Madigan will die of old age before anything gets accomplished. The question is though…why did prosecutors wait so long?
I guess a jury will decide if Madigan’s claim of innocence holds water. My goodness, who knows what may be made public in a trial!