-- 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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I hope the suburbs shoot to main looters and shoot to kill arsonists. It might take hundreds of dead and sniped out looters and arsonists to finally shut this down. It’s been 48 hours of mayhem day and night. What a complete and utter failure of Lori and JB.
Does your local police force have our backs? Protect us?
Or were they advised by pritzger to stand down?
There’s more crime, restrictions, blockages, etc. than is being disclosed and reported in metro areas throughout the state.
Image first, transparency second, just as with the government finances.
Politics first, government second.
In making political statements on Friday May 29, 2020 and in allowing the protestors to grow out of control, Governor Pritzker and Mayor Lightfoot blew it big time.
They are not the sole cause but a contributing factor.
Obviously my opinion.
We must stop structural, endemic and systemic racism and police brutality now!
Says the agitator.
http://www.youtube.com/playlist?list=PLXvy1DRoSfZlzszVv2sw3-IUPL6YlER6_
Exactly why we are in this situation.
Perfect 10 on that comment.