-- 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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You’re not Jewish Emanual, you’re a Leftist of Jewish heritage. History is full of you.
Spot on. Emanuel has spewed a lot of hate in his career. Because he is on the Left, like all of his fellow travelers, he has no policy positions that lead to positive outcomes only consolidation of power for the Left. Spewing hate and reveling in being a jerk is all he has.
Such a wonderful man is Rahm, is he not? Paying off Laquane McDonald’s family to the tune of $5 million so as not to risk losing an election. He speaks of goodness as if he practices it daily. Anything Rahm does is certainly good…..for Rahm.