-- 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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it was erased from company records ….sounds like higher ups in the office doing scamming ….they get fired too?
After these employees get out of prison they should run for office in Illinois. They seem well equipped
Need to file civil charges against them . Do the crime . Do the time .
Target had not learned from Walmart’s experience with ghetto stores!
Or from PPP “ loans “. Some folks can’t help turning something meant to help them into a scam.
Good for Target