-- 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 Palestinian protesters have certainly accomplished one thing. We now know that there are a tremendous number of Palestinians in this country, and their loyalty isn’t to the United States.
What, no town hall in southwest suburbs? Carsten doesn’t do anything for southwest suburbs! He shouldn’t be representing this area, and doesn’t. He doesn’t even know or care about these towns.
Imbecile Casten prefers the company of Downers Grove and Lisle AWFLs.
Sean backed the defund the police movement so let him feel a little uncomfortable like the rest of us do these days. Unfortunately, Sean capitulates to the loudest voice in the room and cannot distinguish between concerned citizens and fringe actors that appear when the timing is convenient. These people are not mainstream, yet politicians fall for it every time, and routinely turn their heads to the pressing issues of the state. It seems as if stupidity and fiscal illiteracy is a required genetic trait to be an elected official in Illinois.
Casten is not mainstream either. The incident was the far left yelling at the far left Representative whose rhetoric is sometimes similarly inflammatory.