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"The Democrats are not representing the people and the governor said it himself. Do nothing Democrats. If they're not gonna help in the fight against Trump, they gotta get out of the way," said 25th Ward Ald. Byron Sigcho-Lopez.
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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Don these people have jobs?
Oh…wait…
This tripe IS their job. I noted the smaller attendance this year, despite what the useless Chicago media reported. Less money from USAID for rent-a-mobs these days.