-- 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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I was stuck in this traffic Monday morning on the Ohio St feeder ramp but too far back to inflict retribution on the terrorism lovers. CPD and ISP did a great job cleaning up this excrement and had the ramp cleared in maybe 15 minutes. Moreover their propaganda and lies were gone and the vermin themselves locked up and out of sight. Well done.
I hate Illinois Nazis
Real simple solution, roll up a bunch of paddy wagons and start arresting. Start with the masked ones, make their mugshots public. Pretty offensive they did this on October 7th. I don’t understand why “protests” like this are tolerated.
Ladies and gentlemen, start your engines!