-- 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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Firing the administrator is like putting lipstick on a pig. It won’t work.
JB will be hearing about this for the rest of his term, and deservedly so. He criticized Rauner for the Quincy Veterans Home deaths, which is fine, but this is much worse. This is on you JB.
Back in 2018 Lisa Madigan opened a criminal investigation into Rauners handling of the legionnaires outbreak at the Quincy veterans home, so this is 3 times as bad now we’re is the states attorney at now to file charges against Pritzker and have him tried for negligence. Rauol is totally worthless individual.
What ever happen to the top to bottom independent review of long term care facilities that the state contracted with Manette Health back in august? The trib says jb & ezike are sitten on it….Kwame where the f are you??? https://patch.com/illinois/across-il/illinois-officials-admit-failure-investigating-nursing-home-complaints-during
We have known about nursing home vulnerability since April. We have also known about the deficiencies in IDES claim processing. Neither problem has improved, much less been fixed. And yet he stands at the podium announcing yet more lockdowns that also have not done much to stop Covid. How dare these government agencies and officials claim that they have any answers whatsoever to any problem?
The administrator is fired for the Dictator’s deadly incompetence?
Pritzker got his scapegoat