-- 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’s time to shut down township government. Township Government is a Political-Tar-Pit of Cronyism, Nepotism, Patronage and Waste.! Most states do not have the Township property tax burden as well as 17 of Illinois’ counties and the City of Chicago.
Can’t they find have any money in the personal care fund to help seniors trying to get their groceries? Reminds me of O’Dumbo shutting down the WWII Memorial in Washington for visiting Vets. What a complete disgrace that will live in infamy.
to be expected from the useless ****** bitch-maywhore