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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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Everyone is missing the forest for the trees. Yes, it is self-serving moralistic grandstanding, but that’s just being your only seeing what is in front of your face. What is really happening, much as I’ve described before, is that the national Democrat in DC runs the Democrat states and major cities much like Rome ran the provinces. They have much leeway to decide local issues but must follow orders from above on national issues. That’s why all most major cities and Democrat states are all the same. They’re all sanctuary states and cities because they are told to do so.… Read more »
You are forgetting ‘The Lightbringer’, the root of it all.
Used to have some respect for Corey Brooks for what he stood for but after this article pound sand Brooks you lost all my respect
Amen!
The Chicago Mayor is a fellow Elgin High School alumni.
And apparently he learned all his leadership nonsense from some other place. Was it the Church he attended as his father was a pastor? Seems possible, or perhaps it was the adverse effect of being involved with the corrupt, bias CTU!
And to the misleading churches that show a black Jesus. Sorry, Jesus was not black: look for the OT line: “Can a leopard change his spots or an Ethiopian his color.”
Same applies to a Chinese Jesus!