-- 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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Leave Chicago- They will decay from within-
Come to the suburbs
Welcome to China.
The Democrat Mob is coming to burn the witches at the stake.
it’s so hard to keep up with what behavior gets you burned at the stake. What offended someone yesterday is a capitol offense today. It’s truly evil that the local newsmedia contributes to this nonsense. This is not news. Stupid comments from stupid twitter posters is not news. The news media, for clicks, actively encourages this witch hunt. They should be ashamed, but instead, they are overjoyed with glee.