-- 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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Really glad I live downstate Illinois. Chicago full of loons.
So, despite the National Guard being deployed to Memphis, will the “protestors” still be paid…???
Can you identify anyone who was a paid protester for an ICE protest?
Do these paid pathetic protesters have to declare their pay on income taxes ?
The deceased man in Franklin Park proved why he had felony reckless driving charges. Yet here come the “ activists “ with their signs and their broken English rhetoric as to what they deserve to be here. How about a sign demanding the release of the 13 that have felonies being held in custody? It would be logical by the protesters mentality.
Just shows they want murders , rapists , child molesters and terrorist living among us . But they won’t take any to live with them .