-- Connecting the dots between our economy, government and business --
A major one held in the city temporarily brought the Magnificent Mile to a halt.
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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If people want the violence to stop, arrest, charge , and convict and incarcerate violent protesters. Peaceful protest are everyone’s right. Violence and hate speech. is not anyone’s right. Politicians who incite violence should be charged also.
If they dint have a permit to march put them on the sidewalks !!!