-- 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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Pritzker fiddles while IL burns.
What a waste of state resources (better known as our tax money).
Crooked And Corrupt Illinois Democrats — Bought And Paid For By Ambulance Chasing Millionaire Personal Injury Lawyers — Rewrite Illinois Law — To Make Drivers Responsible For Accidents — They Must Now Be Called ‘Crashes’ — Thus Putting The Responsibility On Drivers — Even For Accidents Caused By Negligent/Reckless Bikers Or Pedestrians