-- 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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Please shut up you hack.
Reveal your income sources Miller.
You are no longer relevant. Please retire.
GOP must be over the target, the Dems a squirming and using money where they thought they didn’t have to. GOP keep the truth coming out
Mike Madigan’s ventriloquist dummy Rich Miller emerges to spread more lies and Democrat Machine propaganda. Miller crawl back under your rock but in the meantime do enjoy squirming around on Madigan’s lap while his arm is shoved up your backside and his fingers move your lips. Does that make you a bottom or a top?
Rich Miller is irritating but he has little influence that continues to go away. The man is still a blogger and virtually unknown outside state political circles.