-- 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
Train them as lifeguards.
Why was she in the joint? Was she convicted or was it a misunderstanding that became a situation? If she’s a swindler, she’s in the right job! $13 million?
“Formerly incarcerated people?” Is that the new euphemism for ex-cons?
Say it like it is … skip the sanitized terms. It’s EX-CONS!
The new politically – correct term is “returning citizens” – I kid you not…
Really? Sounds like they were out of the country.
Balderdash!
Helps incarcerated people out of prison and straight into politics or out of politics right into prison. Same thing but in a different direction.