-- 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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Rich is going insane over the tariffs possibly costing people more money to buy things over at his trash site, but yet he doesn’t mind income taxes or any other tax raised for Illinois irresponsible, stupid spending. What an idiot. JB is going insane over the tariffs, but yet if he raises taxes will be doing just what he says he doesn’t want the tariffs to do. What a fool.
Rich Miller is a bought and paid for union stooge, and all his funding from the state should be cut. Cap Fax’s website looks like it was made back in 1990. What a sham.
News bought and paid for is propaganda. I always wondered where the bizarre hard left takes from the worthless media types came from. It turns they were and continue to be mere services rendered for compensation.CapFax always was hard left garbage.
#ChicagoMediaIsDead
#IllinoisMediaIsDead
These 2 men do an incredible job!! John and Kirk go above and beyond to expose the waste, fraud, and abuse of the local cess pool of public officials!!
If you want good press, pay the press that gives you good press. Kinda like the world’s oldest profession.
Rich is making, at a minimum, a $100k a year just off the State of IL for running a glorified gossip blog. How much does it cost to host that 1994 GeoCities website? $100 bucks a year? What a grift!
Wow. I joke that Rich Miller lives in JB’s fat folds as his tapeworm and favorite parasite but……here’s the proof. Expect spittle screams and wailing from Rich now that his little corrupt gig is further exposed. How many down votes from Richie and his Crap Fax robots for this comment?
Ooh, the thought of Miller finding one of JB’s fat wrinkles to bore into – such a gross existance!