-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Mayor Conehead knew exactly what he was doing. He was pandering to the anti Semitic lunatic leftists.And there are plenty of them as evidenced by the protests on Illinois College campuses.
The Democrats are all anti Semetic and pro Muslim.
Hmm.. guess the way is clear to now wear the tall, pointed hoods worn in Spanish Easter celebrations. After all, they date from the Middle Ages and are traditional and historical.
Believe people when they tell you who they are.
Good God. Astonishing. That picture says it all. This City and State is headed to ruin. This jackass has no idea what he is doing and why. Doesn’t consider anyone else but himself. Only focused on the latest thing to get liberal headlines. It is pathetic. How did he think the Jewish community would react to this? He is too stupid to be mayor or anything. If the people of the City of Chicago…elect this moron or worse yet, another just like him…the City will be lost. Same goes for the state financially, these people have run the state into… Read more »
This man was born to alienate and irritate. I don’t think his hair is shaped to a point. I think it’s his head that’s pointy