-- 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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Chicago Magazine is the worst of the worst for fake news fraud
— Slander a police commander that was killed in the line of duty
and then
— Fawn over failed president/toxic narcissist Obama, who did nothing to fix Chicago’s crime crisis
Let’s virtue-signal some more. Don’t think either Obama has ANY interest in ever actually residing in Chicago again, much less “governing” the City of Chicago.
And, oh by the way, has anyone recently checked to see whether Obamas’ homeowner exemption credit is active for Kenwood mansion of theirs?
Please tell me that was a parody article, stolen from the Babylon Bee.
Written by the same guy who suggested Chicago implement a city income tax.
Just shows how stupid they are at Chicago Magazine. They think Obama’s policies would turn around the city, what a joke.
The author needs to see his therapist quickly and get his meds adjusted.
“Do you want to spend the next 30 years sitting in your $11 million mansion on Martha’s Vineyard, writing books and delivering speeches to ever-dwindling audiences, as your historic presidency recedes into history?”
This is not an accurate description of what he is doing. Half his white house staff is back in the white house and I’d be surprised if he wasn’t actively involved in much of what is going on.
Perhaps the dumbest article we’ve ever linked to.
Even as a parody, it’s awful, lol…!!!
Mayor of Hell.