-- 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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She is Jewish and she is on record voting this. She has always been a POS, as is her felon husband. The people she defends are the ones that want to eliminate her from the face of the earth. You really can’t fix $tupid!
Jan? Jan? Because of demographic changes in her district, there are more Pita Inns and fewer Delis, so now she knows which side she must take to avoid primary challengers… Isn’t unfettered immigration great?