-- 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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Will Mr9% give the TWO MILLION DOLLARS ILLEGAL DONATION given during his mayoral campaign from the CTU back to the UNION ???
CTU would have made Al Capone proud.
I think Al would have looked at them and said “WTF and they prosecuted me?”
Or Jimmy Hoffa
Take a look at that photo and then tell me again why your kids can’t read. Those are teachers?
They do look like they’d be unemployable anywhere else.
Everyone of those ladies can count to 20
if they take their shoes off!
Spot on Free. I’ll take those nuns I had over this rabble. The CTU/CPS symbiosis is far from God.
Nothing but Greed.
I would love to see a CTU perp walk by the DOJ!!
Or waddle