-- 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 completely understand that the family would not want fecal matter paraded through their loved ones funeral.
No wonder the family of the slain officer doesn’t want “Defund the po-lice”Johnson anywhere near the funeral. I don’t know if the city finally put their flags at half staff ( after 3 days they hadn’t yet ) , but I did notice in his obligatory, half sincere remarks at the press conference following his preventable murder, he didn’t even mention the officers name. He also obliquely mentioned that his attendance at the service is part of the Memorial Service Package, meaning no Johnson = no honors. Classy.