-- 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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Like all dictators, Jabba is a gutless yellow coward. He’s so afraid of Amy Jacobson that he had to ban her from his lovefests with sycophants who call themselves journalists. He can’t address her questions so he banishes her!!
What scientist or data told Dictator for Life Jabba to ban reporters?
Dumb question but is she supposed to be “impartial”?
Can anyone with a straight face say Jim Acosta is “impartial”?
Or better yet, Rich Miller? Is capitol fax impartial? The scary thing is that they truly believe they are impartial even though a layperson would say they are liberal scum.
Or Greg Hinz? Miller? And many others who just hide it better.
What he and the rest of the administration of Illinois want are a bunch of people who shake their heads in agreement.
Because they all agree with him. It’s a clique of petty childish journalists who feel like they’re part of the club, and banning Amy is their way of telling her she’s not part of the clique. They’re so petty.