-- 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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Oak Park’s ban was a goal of arrogant know it all village trustee Susan Buchanan and her Oak Park Climate Action Network. She was also the driving force behind Oak Park forcing residents to bag leaves rather than continue a decades long program of just pushing them onto the street for collection. This was also in the name of sustainability. And she’s the big thinker who pointed her finger at the white men on the board lecturing them about being white men who don’t know what a system of oppression is. She also told the mayor that his skin was… Read more »
If Oak Park elected her then Oak Park deserves her. We walked away from a house deal at the time of the paintings and finger pointing fiasco, wife and I said no way we were going to live in a town with these evil, destructive, corrosive, freaks. Ultimately we just said screw it and went to FL because nowhere in IL was far enough from their wrath.