-- 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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We have a budget shortfall the democrats claim so we have to raise taxes. Meanwhile let’s give away few million here a few million there. Wake up folks, democrats can’t tie their shoes and they are allowed to be in a public office running things.
Hmmmmmm……..maybe Gardaworld has compromising photographs of JB with a mule? Or with Jenny Thornley?
The Chicago Way on display.
Illinois Democrats: An Inbreed Apart
Geez, how can I get me some of that money for nothing?
Let’s look on the bright side. At least JB wasn’t in charge of train project like LA to SF in Cali!
Giving away millions for absolutely nothing in return? Again? And we wonder why our property taxes are so high.
The company must be a friend of Pritzker or some other Democrat.
Once again, JB’s business acumen shines through. Any bets on an autopen working overtime in Springrad?
If JB the Hutt was involved in this directly, the tab would have been $5.2 million, and he’d take credit for the income taxes the state would collect on that.
The Hutt had to have paid someone to take the Bar for him. Most Northwestern-educated lawyers aren’t this stupid.
Why Putzger , you sneaky b@$t@rd. Way too talk tough but be a big softy. Oh hell isn’t your money anyway.