-- 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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If Pritzker were only a horse’s ass, all we’d have is a lame horse.
Encourage parents to find your class action lawsuit (public schools at this point) and join. If elected leaders won’t represent citizens fairly, they have the right to sue for actions against their liberties. This is a fast growing group that can affect change.
Some are still looking for donations. If you can or are interested in donating – go to Awake Illinois to do so.
I believe there are many lawsuits being filed throughout the country, to fight these illegal mandates…
I just read of Southwest Airlines pilots union’s lawsuit & I’m sure there are others..
Theres a news black out on them of course, because they want us to believe the mandates are inevitable…
Excellent news!