-- Connecting the dots between our economy, government and business --
Long-standing House rules — put in place to prevent the misuse of taxpayer funds — ban members of Congress from leasing from anyone with whom they have or had a professional, legal, or family relationship. The same rules require a fair market rate to be paid.
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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Jonathan is a thief just like his brother and father.
That scam has been around forever. Get money, make that taxpayer dollars, to,open an office in the community. The politicians family member or friend owns the building, the politician rents in that building and pays his wife, sister, brother, mother father, son, daughter, friend or political ally rent, usually higher than normal, and everybody makes money, taxpayer gets screwed and the best goes on.
You just can’t keep Elzie down! What a survivor. For decades! He could teach a graduate class on how to game the system!
Un main se lave l’autre!