-- 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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Do not punish all the good kids just because of some bad kids.
Don’t ruin Six Percent’s plan to have the non- demonized, not little Capones cause trouble downtown instead of in their communities. “ They need something to fulfill they hearts “ or some other idiocy was the reason the CTU puppet gave for the recent nonsense.
Mayor Conehead will do nothing about teen wildings downtown.