-- 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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Hope he makes a stop at the giant manure processing facility to see all the bullshat he’s provided.
probably thinks he’s in Kansas to see the Wizard
Will he be asking for a brain ala the Scarecrow?
Hmmmm….isn’t tonight the big fundraiser at McCormick .For multiple thousands of dollars you can have your picture taken with The Big Guy! I wasn’t aware McCormick could handle this type of venue, I thought it was converted into a hospital! Let’s all collectively hope there are lots of photographers.
Good to know where he’ll be so motorists can avoid the areas.
For security, when a president travels around Chicago via motorcade, traffic along the route is disrupted. Happened a lot when Mr. Obama visited during his presidency.