-- 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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6 yrs at 187k a year for DEI judges we can’t fire or recall. Nice work if you can get it.
Don’t forget the pension.
And they can’t be removed before then? Wow, what a set up- do a horrible job with great pay and bennies and rest assured they you can continue to do so until the next election. There is also another judge, David Hill (?) , that also had a hand in this farce of justice.
Time for victims to sue these judges for allowing the criminals back onto the streets to keep committing crimes against innocent citizens!!
Please get rid of these two idiots who allow a
sick deranged man to freely walk the streets and
injure and kill at will. A ankle monitor will not stop him. The staff watching his movement
activities is guilty as well.