-- 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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Maybe idiot Duckworth should be ragging on our highly effective Transportation Secretary
I thought the topic was the holiday mess – not the disabled.
Perhaps had the airlines not fired non-jab compliant personnel they wouldn’t have this problem. Just say’n.
I agree, the Duck’s opening remarks are about predatory practices and treating customers like suckers. I wonder if she ever tried calling for tech support for say an appliance, trying to reach someone in a doctors office (many examples). The wait times are so long they give you a place marker for a call back. I am waiting four days for a call back to see if the office received my medical records. Try calling a government agency for help. Another LOL senator Duck. Rather than a stupid opening statement, should there have been a question like what really happened?
Retard Duckworth should put most of the blame on DOT Secretary Pete Butt-Plug, for taking a 6 month baby vacation instead of doing his job on air travel.