-- 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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Doing life in prison on the installment plan.
He’s supposedly back in the joint so now he is assured of something to eat.
Another failed Raoul experiment. How many is that this year alone?
Hmm, some homeowner needs to end this guy’s career acan’t. IDOC apparently cant.
Will he get a Burglary pension? He is good at breaking in but not so good in escaping. LOLl
These are only the ones we know about. How many burglaries did he commit and not get caught?
What is there to say.