-- 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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If Ms Tlaib was a conservative, not only would Democrats censure her they would indict her.
Another zero value comment from Chuy. He’s amazingly consistent in this regard.
Chuy go away you criticize shout and scream when its political free speech being attacked but you be damned when it comes to are free speech.You and your communist colleagues in Washington try to silence us at every turn and corner, your like a bad hemorrhoid that won’t go away.