-- 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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Why would anyone expect different? Judges can’t even understand the concept of a balanced budget.
Incompetent judges and totally captured appellate and supreme courts. Another reason to leave Illinois.
The best health of Illinois would be to recall or get rid of Jag Boy.
Nuremberg would not do us justice when dealing with our Governor and his cronies.
Shocking use of dictatorial powers.
Cross the Rubicon President Trump. You said “we caught them all”.
You have my permission.
MAGA
Absolutely illegal. Tyrant for ever, eh? Very, very bad legal precedent.
Bailey for Governor.