-- 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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The Politician’s order of importance: My re-election comes first.
My party’s control is second. My continued donor support is third. The welfare of the country and its citizens comes last!
When asked about Brad’s comments Biden said “Brad who?”.
In the 2024 primaries, WTTW Brad applauded his WTTW constituency as they voted overwhelmingly for Grifter Joe. Climate Cleric WTTW Brad joined the chorus of fellow liberals insisting that Grifter Joe’s opponent was somehow a threat to the noun of democracy itself. After all that great support from WTTW Brad, Sleepy Joe got the liberals’ nomination. Sleepy Joe is WTTW Brad’s candidate. Then the mask came off. There was no hiding what all us non-WTTW types had known since 2016: Grifter Joe shouldn’t be a Wal Mart greeter, much less the leader of the free world. Note to WTTW Brad… Read more »
Relax Brad….your democracy will be saved…the Biden donors just haven’t gotten to the right dollar amount yet for him to step aside. Once they do, he will “fall on his sword for the country”….I figure the number is likely a few of hundred million to a billion. Then you can save democracy with the laughing hyena.
“…our democracy will hang in the balance.”
Poppycock!
What a phony. HIs statements supporting Biden, dismissing Biden critics and touting Biden’s accomplishments and fitness for office are too numerous to list. So now all of a sudden all his BS should be ignored? Are the voters in those wealthy suburbs he represents really that out of touch that they can re-elect this self serving gasbag. Probably.