-- 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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Funny how the press made a big deal out of Acosta not being allowed in briefings but not a peep out of them for Jacobson.
Dictator for Life Jabba is a yellow gutless coward who is so mentally addled he cannot even answer simple questions. Jacobson’s real questions, coupled with Dictator for Life Jabba’s hatred of women led to her be forcibly removed from a cheerleading session
He’s not gutless, his waist size is 62
Will the Dictator for Life Jabba cave now or later?
On Amy’s side.