-- 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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Right now, Biden is holding the Democratic party hostage with his claims that he is staying in and not bowing out. His agent is making the rounds to the democratic donors to see just how bad they want Biden out…in the form of money. Few hundred Million to a billion should work and is chump change to the likes of Gates and Zuckerburg and the Hollywood elite. Once they get to his number, he will bow out, but part of that is a deal for immunity for all Bidens for all things. All Bidens words about how he is committed… Read more »
Pritzker’s nose is so far up Bidens a@#, he’s tihnkin he’s gunna get something for supporting the empty suit in the whitehouse. Just couple of grifters – grifting that we get to pay for. Biden has never been qualified to be in office let alone the President.
Pritzker stop lying already will you please, you are so interested in replacing Joe Briben you leaving a drool trail wherever you go.