-- 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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This thing will be better than a theme park. Visit the library and then try to get out of the hood alive. Such excitement.
I’ve said this before–looks like the NIPSCO cooling tower in norther Indiana. The architect for this monstrosity must be a chemical engineer.
The monument to Barrack Gatsby, the nouveau rich idler and grifter and very insensitive too! Poor Meghan. She planned on stepping up to top tier. Instead Michelle dump her out of the gravy boat. We the king and queen of the shtbags! Them moldy ass Clintons aint! Go back the cheap TV in Canada. You ain’t ride in the hems of our dusters!
With the internet who need’s a library? What did Obama do that changed the world for the better? Did black on black crime cease to exist in Chicago? If it did maybe a virtual library or a small bookstore or a one hour special on PBS. Doesn’t it make sense to have maybe one library for all the presidents. Too many libraries considering not many can read or write anymore.
The boondoggle commences…
Resistance is futile. It’s the Chicago way, they like to be miserable.