-- 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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Stick your head in a toilet and flush it and think of Pritzker.
The Senator could have; nay, should have reduced his carbon footprint by taking CTA. Thus helping to solve our greatest problem climate change!
He’ll want a CIB to wear in his lapel.
So Durbin experienced tiny-bit of true Chicago experience. That’s news-worthy?
Send him back to Washington DC, pronto, where he’s safe from rough-and-tumble street crime situation, can continue to safely virtue-signal from a distance in fawning media, and soldier onward in his lackluster role as Illinois’ senior senator.
A good opportunity lost, darn jt!
That would have been a big loss for the state and country if they hadn’t missed him. :-p
Rivers Casino is giving even money odds that Durbin loaded his shorts after such a near death experience! The guy literally supports policies that created the situation he found himself in, and then he’s surprised. Better retire now Dick. It’s only going to get worse with all the social engineering you’ve been doing.
Hmmmmm….they missed!
Hey Durbin. Why not lean out the window and ask if he supports your social re-engineering of America bill. I’m sure he’d gladly take some extra money from you.