-- 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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Why do you think the Democrats have already used virtual polling to nominate Harris. I look for a light turnout of Democratic heavy weights (Pritzker?).
This should be better than a month of Ozzie & Harriet reruns. Ol Jay Robert and his cohorts which includes da mayor, will be all
Back slapping and laughing all their troubles away, with apologies to “ Two Ton Baker the
Music maker”. Reference spokesperson for Riverview amusement park.
An “outside” cop who signs up for this shouldn’t be a cop
And who is on the hook for disability when the rent a cop gets hurt fighting with the Hamas fan club? The flat broke city of CHI? The municipality that loaned him/ her out? Illinois taxpayers? In any event, it would equate to one less LEO, something no one can afford right now.