-- 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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Dana is a RINO.
If its an illogical, immoral and assuredly insane policy. Then its good for Illinois according to these so called leaders. Sometimes I’m reminded of the pie eating contest in Stand By Me when policies like this rear their ugly head. Stomach churning.
Due to his incompetent COVID bungling or signing the crime bill, the list of those killed by the Butcher of Springfield will sadly grow much larger
Choose Governor Pritzker. Do you choose the dead 18 month old? Or do you choose his killer dad released from jail on a no money down just trust me I bond. Who is the most vulnerable? Say his name. March in a parade. Oops. No right wing radicals demanding that you say his name. No parade being organized. No foundations, non-profits, and movements whipping a crime victim mob into a frenzy. The 18 month old is just another statistic? Or was his life just as valuable as George Floyd? What is that, crime is up and the Cook County jail… Read more »