-- 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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The elected board members will all be socialist Democrats handpicked by the CTU. How will this be chaos? They’ll rubber stamp everything the CTU wants, just like they do in nearly every suburb.
Sorry but needed side note. Burke was declared winner by Crain’s
https://www.chicagobusiness.com/politics/eileen-oneill-burke-wins-cook-county-states-attorney-race
nutty incoherent double talk Taylor interview by Fran Spielman?:
https://art19.com/shows/the-fran-spielman-show/episodes/6ad7fc9c-2220-4199-8c14-2c9529332c00
This is Libs of TikTok quality entertainment! We can easily defeat these incompetent clowns. Anyone that says otherwise is playing both sides.
But Fran Spielman interview show is the best thing STs has to offer…she doesn’t ask softballs
She’s terrific. Did a great job here.