-- 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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Consider contributing to his campaign. We need Devore to win.
He is key to getting elected to restore law and order to Illinois. Attorney General, in my opinion is the most important elected official.
We need him to make life hell for Democrat politicians in Springfield. He can stop with the ridiculous non-sense culture war amicus briefs …and do non-stop investigations of corrupt Springfield politicians – Dems and RINOS alike.
Agree