-- 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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Well, if Old Joe held that seat they’d never accuse him of being a prog. On the other hand a guy like me couldn’t get elected in Illinois.
This is a most highly amusing case of “the left eating their own”, lol…!!!
A match made in heaven. The despicable and vile Jan and her equally loathsome husband Bobby “the felon” Creamer against the pro Palestine occupiers. I recommend rocket launchers at 20 paces.
It’s not like she’s going to lose her seat over this, she won by 43 points in 2022 in a district with the highest concentration of Palestinian haters in the Chicagoland area.