-- 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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Somewhat of a side note but Rockford seems to be getting more like Chicago. 11 stabbed and 4 killed just a little while ago.
https://www.wrex.com/news/top-stories/four-killed-11-hurt-in-rockford-neighborhood-attack-suspect-in-custody/article_532b61dc-ec6b-11ee-9c0a-13d3786d16e3.html
WOW!!!
This is actually an amazing story that should be in every news outlet. This is really nuts. How in the world would any of this make any sense to anyone? No one ever hears about this stupidity.
As far as I’m concerned that young boys death falls on Pritzker, period.
How the hell can anyone down vote this statement…read the article.
This site is overrun with trolls and RINOs. Keep fighting. I’m going to expose them eventually. I don’t have enough time at the moment.
Sure you will. As soon as you finish handing out all your pamphlets.