-- 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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Forget the thieving politicians of which there have been over a 1000 in Illinois over the last 20 yrs charged with corruption, let’s go after the cops.
“Let’s investigate the cops”. Yes, the cops, and not the nest of vipers that is Illinois government. The tail is wagging the dog for all it’s worth.
Of course…lets investigate. It’s been done hundreds of times before. Be sure and use the truth and facts in the report. Facts are a stubborn thing…
I agree. ?
All 17 AGs from Democrat Run states..It’s the plan and agenda from the enemy Within
Smarmy Raoul…..how about looing into some corruption that you pr your predecessor didnt seem to find. Moron.
Who is then going to defend you