-- 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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More B.S. – the Herald should get off the woke train … now!
Do they really expect this will resonate with their demographic, the suburban crowd? We won’t be renewing – this is the final straw.
The Daily Herald Panel Whistleblowers for towns that do not tow the diversity line.
To heck with what the taxpayers of that town want.
Oh Please.
Oh Boy! The Herald can expect their distribution to skyrocket! The Inaugural Diversity Advisory Panel. Loud fanfare. They will have one meeting for the photos.