-- 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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This is not a union. It’s a communist political group.
Voters message to CTU- “ Stop your messin around!”. Apologies to the Specials ( “ Message to Rudy “ ).
CTU proves once again that their indoctrination should not be allowed in any school anywhere in Chicago. How can so-called educators be so ignorant?
Thank you, CTU, for saving us from having to write any response.