-- 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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It looks like the Feds finally have the proof to put Madigan away, along with his cronies. The cronies’ only hope is to ignore Miller’s threats and flip against Madigan
Rich miller has and always will be a complete and total sycophant and cheerleader of Madigan. He is a complete zero and no one takes him seriously.
“Keep an eye on the growing ranks of young, progressive House Democrats”
Progressive House Democrats!? Seriously?
Why not be truthful and just say “Reds in the Democratic Party”?
Hey Rich,
Since you are Himself’s official press mouthpiece can we assume that this is the Official Warning Statement from Mike Madigan to all of his goons and lackeys? Sitck with me or else. Keep your mouth’s shut.
Did you write this press release or did one of Himself’s staff write it for you?