-- 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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Do Nothing Durbin ought to know a lot about wasted money. He could give a master class on it, if he wasn’t busy doing nothing.
Durbin seems to arrogantly take the wrong position on every issue at first, and then when he is personally affected, he seems shocked.
A trend these days with other charlatans.
Well Dick, your son has been the beneficiary of you having been paid above your natural market rate for a lifetime. Let’s just call it even or Karma perhaps.
How long have the PPP loans been available? I and others I know were attempted to be hacked into. So Mr. Durbin did you just wake up from your nap? This has been going on from the beginning. I’m not the smartest guy but I think my next job will be a Senator. NOT
After Voting For Trillions In Spending On ‘COVID’ — With Very Little Actually Going For COVID — Democrat Senator Durbin Is Now Complaining About COVID Spending Fraud
We’re all very proud of you, Dickie, you figured it out, there was widespread fraud in the PPP program.
So very proud, you dimwit!
There’s no Durbin Construction Company! Yea, that’s how it works ya Dope! You got punked! Should been presented as the Durbin Hot Air Factory!