-- 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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This is just the latest approach to Drivers Ed in the city. The AP course includes carjacking.
Lori, you buffoon, is this what you meant by chess not checkers? Was ENABLING mobs of criminals as they rioted across the city some bizarre unknown move in the game of chess? Don’t want racing through the streets of Chicago…. Would like safety and security.
Liberalism and the Dem way are diseases…. Just look at the city and state if you are unsure,
Come on’, just a bunch of upstanding kids, on summer break from the Ivy League…
Future rocket scientists studying the effects of gravitational influence on mutually aggressive surfaces with underlying surfactant deviations.