-- 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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“She called that meeting “highly distressing,” and said she cried because she “strongly” feared retribution.”
Sounds like bullying to me.
Where is the Illinois Attorney General….oh yea… daughter of the Majority Leader.
Where are her “woke colleagues”? The same ones who get cash from Madigan campaign chest.
Where is the Kavenaugh like rage! This woman was bullied and kissed against her will ………….for gosh sake!
Now she knows how conservative women are treated by progressive women.
She won’t last long in politics….
Democratic and media hypocrisy on display.