-- 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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Ruh roh. Pritzker’s social disease pretending to be a ‘journalist’ slithers from between the fat folds to parrot his master and slam on BJ just like a press release. Looking like the crap fax crowd are getting nervous that their criminal public sector union scam is being exposed as the decades long fraud that it is by the uppity CTU vermin. The CTU greed monsters may bring down the whole house of cards and result in ALL of the public sector leeches deservedly in poverty.
When the Democrat controlled media starts turning against you it’s actually newsworthy. Here we have chief Democrat propagandist Richie Miller casting aspersions on Mayor Raggedy. Probably important to note that King Pritzker is pulling the strings on all things Democrat in this state, and his wallet is huge. He’s not afraid to spend daddy’s money to get his way. Brando is in self destruction mode and should reign it in a little or risk angering the King.
Grand-daddy’s money underpinned his family’s money. His uncle controlled the family business and the family trusts for the family, for decades. That’s what the lawsuit was about. If it really was his daddy’s money, it would have went straight to him. But it wasn’t. It was held up in family trusts controlled by the uncle, who, like Trump, turned multi millions into Billions.