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The project is also putting significant dollars into the pockets of some Obama campaign and administration alumni and others who have landed jobs with the foundation. A tax document filed last year shows 16 people, including some former staff members, making six-figure salaries, ranging from $192,276 to $626,183.
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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How about start begging for Chicago chumps to foot the bill? Oh, that’s right you tried that and everyone got short arms. Nobody likes Obama; black, brown, white or whatever; nobody. He and the wife are easily identified as opportunistic carpetbaggers. Clinton class grifters. You remember the Clintons! They rebuilt Haiti! Five times!