-- 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
I signed an online petition requesting action against Netflix, for streaming a film which had provocative scenes of partially undressed young girls. I received a snotty reply from Durbin that he would not interfere with a private company.
Most email responses I received from him about other issues were formatted with tiny type which didn’t fit the page when enlarged; thus they were unreadable.
Dick Durtbag was banned from taking Communion by his diocese, due to his pro-abortion actions.
To me he’ll always be an empty suit. How much is he worth and how did he achieve that wealth?
He chose to retire because he was no longer Pelosi’s right hand stooge. That and nobody showed up when he called a press conference
Good, and take useless Duckworth with you.
Durbin had almost thirty years to accomplish his “personal priorities!” The media is responsible for sexploitation of our children? It happened at our open border which Durbin advocated for! We can’t get rid of this guy soon enough.
He’s leaving now because he has amassed enough wealth (and we all know how) to be able to live large and play all the finest golf courses and clubs around the country. Sure beats working…but then again…he didn’t really work for anyone but himself.
He’s getting out to make room for the young, radical bucks chomping at the bit to finalize the socialist/ Marxist shift in IL. Nice that he copped the Joe’s “ passing the torch “ line, a blatant lie. The cabal pried the torch from Joe’s cold, dead hands.
He and his wife should have to disclose their net worth.
Why? Because I’m old and senile!
I doubt he can pass anything. He has been dropping the ball for far to long.