-- 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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So this wasn’t a story in The Onion?
She’s running because she failed the future ambassador’s course. Heavy campaigning at Southside bakery’s and restaurants. Soft skills. How about a near north town hall? People would be throwing shoes and folding chairs! She thinks Brown is doing a great job! He’s doing away with the positive interaction theatre! Too many community members are shooting at policemen.
She is going to suffer an epic loss of epidemic proportions. I know Democrat voters are dumb, but are there really any voters who look at her and say “gimme more of that?”
We can only hope – kinda like the drubbing old Toni took last time around.
WHY?
“That’s why I’ll never back down from fighting every day to turn your voice into action.” the mayor sez. Yes, she has been doing a lot of “fighting,” but she has lost most of those fights. How many times has she fought the CTU and been thoroughly pantsed? The only fights she wins is when she throws the CPD under the bus. She has been a miserable failure as a leader.