-- Connecting the dots between our economy, government and business --
State Sen. Robert Peters has built a reputation over the years for posting controversial comments on his social media accounts, often turning off comments so people could not respond. It was Peters who, as the COVID pandemic raged in April 2020, blamed the virus’ spread on “the travel of wealthy white people” and opined that the conduct of those “wealthy white people” was “disproportionately hurting working class Black folks.”
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Another bill, deceptively named, that had nothing to do with safety promoted by a yet another con artist in a suit. Con men used to follow circuses around selling snake oil…, now they run for office. and the spiral of Illinois into the toilet continues…more grifters. Let the skimming commence…
This race baiting buffoon is, of course, running in yet.another ridiculously gerrymandered district.
But Republicans don’t have standing to complain. Right Illinois SC?