-- 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
Say it BJ. You hate all white people and ironically call them racist nazis every day. Let your CTU member stupidity flow. No one is listening anyway.
Then call him the name, free speech is still here at least for now.
Mayor Prozac is starting to come apart at the seams. He’s about one more panic attack away from a straitjacket and roommates that think they are Napoleon.
That line, coming from him, is blasphemous and barfogenic..
Does anyone care what Mayor Johnson says? Unable to manage his city, he deflects attention by criticizing Trump. Mayor Johnson, “stay in your lane!” You’re way over your head already!
All I can picture is a pointy headed parrot on a swing saying that. Parrots do that to deflect from the fact the cage is lined with shit
Brandon Johnson (D-CTU) talking about the “sanctity” of of government and doing so in the City of Chicago (“The brokest freakin’ city in the country”), in Cook County, and Illinois is hilarious.