-- 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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The People v. Pritzker. What a fitting title for a court case!
Mr White has been a long time business owner who has been successful in Peoria when others said it couldn’t be done. These people know what they are talking about. The action of the State AG are a disgrace – playing politics when peoples livelihoods are at risk.
Small business owners should band together, hire the same lawyers and file as many separate lawsuits as possible. If nothing else we will get the court system back in operation.
P.S. Don’t forget to include the Florida mansion in lists of assets that should be used to make the plaintiffs whole.
When you win the Florida mansion remove the toilets, claim it’s worthless without indoor plumbing, and make Jabba pay more cash
Yes, keep them lawsuits coming
Good