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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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What does the T
Reverand Cleofuss think? The price of Hennessy is notgoing down.
They should put a tithing system in place in Evanston, where whites pay a percentage of their incomes to blacks for reparations. Start at 20 percent, then raise the percentage as needed based on the amount of complaining the blacks do. State that the percentage “shall not exceed 100 percent” so the implementation of this plan remains reasonable and fair to everyone.
Don’t think that our imbecile leftist “Mayor” hasn’t thought of that as one of his “cool things”, lol…!!! https://evanstonroundtable.com/2023/05/24/state-of-city-evanson-mayor-daniel-biss-speech-2023/ Mayor’s State of the City address keys on people, programs moving Evanston forward “But we are not done,” Biss stressed. “We’ve got big agenda items this year – improving our building codes, spacing away [moving away] from natural gas in new construction. These are really cool things that again [are] … not going to be easy, they’re not going to be uncontroversial. But they’re working if we believe in our climate objectives.” • A guaranteed income program that kicked off at the end… Read more »
Clayton Bigsby hasnt gotten his yet. Where’s mine?