-- 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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He keeps talking about values. he got 55% of the vote or something. That’s 45% of the population that does NOT share his values. I find his values to be degenerate, immoral and despicable. Especially his baby killing. Don’t act like you speak for me JB.
Some “values” you have displayed, Jay: You value letting prisoners go while insisting abortion clinics stay open. You value those who came here illegally over those who pay into your Ponzi scheme. You value soft racism over actual reforms. You value the general assembly over its constituents… So please spare us your moral high-roading Jay Bob. Only idiots are buying it.
This statement is stunning. Get ready to bend over folks. Yep, Its all the fault of the law abiding citizens, we are scum and the root of all evil. Open your wallets and hand them your cash…they will take it one way or another. “Our values I think are clear to people and we need to express them in our budget,” Pritzker said. “I think this last budget does express those values, but over the last five days, I think that it has been brought to the fore that our black and brown communities that have been neglected are the… Read more »
“A budget is a moral document”, meaning that if you dare oppose his budget you’re immoral. I guess that’s better than being a Nazi.