-- 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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Hey Rich, there is an obvious solution to this problem. Close the border and apply US laws by sending illegal immigrants back from whence they came. Now if this comment were made on Rich’s self serving little blog, he’d delete it fast than you can say OW is a moron. Too bad for him he doesn’t moderate this site.
Loyal and well paid propaganda shill Miller slides out from between Pritzker’s fat folds to pretend to be a “journalist” and parrot a Pritzker press release. Here’s a hint mouthpiece: the correct phrase is criminal illegal immigrant. Slither back into your moist sweaty pus lair.