-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
This fellow is my current U.S. Congressman. Like Durbin, he pays lip service to local issues when back home, but in Washington he reliably votes Party first. Although, he is more awake than the last guy Rev. Bobby Rush!
Sean Casten playing footsie with the Neo Nazis. What a doofus.
Lucky for him that his voters are low IQ.
Sean trying to walk the tightrope. Silence is being called out, so he has to say something. So let’s see, I know, why not say there needs to be a cease fire, but…..with accountability! This should make nobody happy Sean. Well done!
Go back in your mole hole, your a traitor just like Kinzinger
Accountability? How about some from you and your fellow congressional cretins? May I remind you that there was a cease fire on October 6th? There was, Sean. One side went to bed that night with murderous hatred consuming them, while their ‘leaders’ lavished themselves with a sultan’s lifestyle and fanned the flames of their hate.
No, Sean. No more aid to Gaza to be looted by Hamas’ leadership.
Not one dime more.