-- 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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LET;S HAVE A RECALL AND SEE HOW THAT VOTE TALLIES………SHOULD BE 70% RECALL
Hmm, how many of the 70 percent didn’t vote in the past mayoral election? You reap what you sow.
Yep, people have to get out to vote if anything is going to change. This state has been mired in democratic social policy for decades. All of this is driven by Chicago. Down state people vote vastly different. Oh and, what a surprise?! People don’t like what this grifter is doing in the mayors office…gee, I would have never seen that coming…gosh, what a surprise. Sheesh.