-- 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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Harris should discourage the village idiot from campaigning for her.
Instead of exhorting the Black church to elect the clueless Kamala, how’s about the Black mayor sticking around CHI once in a while and cleaning up his mess? Btw, he’s also jetting off to England to see the Bears play in a day or so. Seems like he has adopted Joe’s plan for running things.
“I was elected to fight for the people of the city and whoever is in the way, get out of it,” he said“ – baloney. He was elected during low turnout to be the CTU on site employee at City Hall. If this guy doesn’t inspire multiple opponents and high turnout in the next election, then as hopeless as it is now, it’ll be much more so then. That all aside, what value does his presence in Las Vegas bring to Chicago? Would he travel to Wichita or Fargo for his stated purpose?