-- 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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Send them to Pritzger’s tribal homeland where all troubles start! Let their heroic soldiers force them into concentration camps and make the US pay the expenses.
Was it the “Republican-led” areas that declared themselves sanctuary cities?
I’ll raise a finger, not a hand.
Liberal St. Clair and Madison Counties should certainly get some of them.
Stop wasting money on the invaders; DEPORT, DEPORT, DEPORT!!!!
Let’s start with all of Pritzker’s suburban and downstate hotels