-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Not hypocrisy. Hierarchy. HE can spend money on campaigns any way he please. BUT you, no deplorable, your campaign spending is restricted.
Contribution limits should be set by umbrella organization. Too many times do we see national, state, and local unions all affiliated to each other each contributing the max amount. CTU, IFT, and AFT should count as one entity. The same applies to the trade unions that have middle layer district councils. Same goes in the private sector. There’s a guy who owns 10 senior homes under different LLC’s that has made the max contribution to candidates under each senior home. That’s not fair either. Don’t forget the attorneys that tripled-won by maxing out contributions to the Lawyer PAC and also… Read more »
A Hypocrite Says What?
Flip flop fat slob Pritzger at it again. What an absolute piece of garbage. Hypocrisy should have his picture next to the definition. What else would you expect? He’s a democrap.