-- 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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Next up – “Stripper Sues Strip Club Patrons Claiming Sexual Harassment”
Wonder what the mother is like? My guess a huge ‘Karen’.
She tried out for the cheerleading squad 3 times. Apparently she took a while to figure out how awful it was.
She wasn’t auditioning for the cheerleading team, she was actively putting together a lawsuit.