-- 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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Not all Illinois residents are for what Pritzker and the Democrats are doing. We’re just not represented due to gerrymandering.
CNN aka Communist News Network horrible media.
Gotta’ love the CNN poll. Dem voters are more energized, while favorable views of the party are in the low 30 percent range. That makes sense, right? There just can’t be many folk across the country that believe anything they hear or see from CNN– except maybe in Illinois. And when JB runs around the state and blabbers to favorable crowds that his lackies have arranged, he might even be starting to believe that his schtick will play elsewhere.