-- 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 mentioned in the Sun Times today, and the times will claim the delayed reporting was caused by Trump and Covid, and little climate change!
Strange how none of this is covered in the media? Keep a lid on it! It might not have positive optics. Ch7 studios are on State Street? Are they complicit?
Appalling. Where’s the media outcry? Where’s Lightfoot’s hectoring speech decrying violence against white men? Lots of video footage – when/where are the arrests???
Ask Larry Lightfoot what to do? You’ll get a confused person.
Chicago is lost No reason to even go south of Howard anymore! Keep it
No reason to go north into Evanston either
This madness is allowed to continue. Thanks to Lori Lightweight and Lil Kim, there is no law and order in Chiraq. Stay out of Chicago. Tell your friends, relatives and neighbors to do the same. Their lives may very well depend on it.
When a mob descends and pounds your head bloody, remember to thank Lori.
Reverse the races and it is national news for weeks. Let’s see if it even makes the local news.