-- 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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At least they are honest about it and don’t even bother to call it a Presidential “Library” any more. It is a community center ego edifice. Won’t even have any Presidential records or documents. Barry has locked those records up for forty years or more so no one can see what he really did for eight years.
The Obama Center reminds me of a big grain elevator in a rural area that has become an abandoned decrepit ruin – WHO designed that ugly thing…!!!???
This will be as popular as a narcissist Netflix special. No one will visit, no one will watch! I still think it looks like Azkaban, more so when Lori’s dementors are about.
The park needs a another bathroom, this one will be huge. Barry liked public bathrooms.
Barry blew a lot of coke in public bathrooms. that was the allegations. Supposedly Barry’s former deal approached either the McCain or Romney campaign with credible, verifiable information about Barry’s cocaine habit, but the candidate (I forget which one) wanted to keep things ‘clean’ so they didn’t use the information. Which is ridiculous because the D’s would have used it in a heartbeat against the R’s.
Leave it to Egomaniac Obama to steal public land, drive long time residents out of their homes, build a Billion-Dollar Brobdingnagian Boondoggle Shrine to himself, and call it a community benefit
And about those trees … https://www.ehn.org/barack-obama-presidential-center-chicago-2654814450.html
It’s estimated nearly 800 trees will be destroyed to make room and reroute traffic for the Obama edifice.