-- 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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https://www.youtube.com/watch?v=m83cD8mVpsI
Goin’ Back to Roseland
The Original Roseland Band tribute to the Chicago far southside community where they grew up. Images courtesy of members of the Roseland Roundtable.
SongGoin’ Back to Roseland
ArtistThe Original Roseland Band
AlbumSometimes I Wonder
Licensed to YouTube by: CD Baby; BMI – Broadcast Music Inc., CD Baby Pro (Publishing)
https://www.youtube.com/watch?v=mv_IrqsPdYY
Reezyree – Im From Roseland | Shot By [@DerroDinero]Dinero Films
@Reezyree
NOT SAFE FOR WORK
Visit Roseland for the donuts? Now that’s funny!
Really, you know? Trying to resurrect a dead zone by highlighting one shop.