-- 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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Of course not. That would be the correct and logical thing to do…but the crooks cant have that….I have had it.
Buddy got 3 mail in voter fraud ballots for his mother in Chicago during the Biden steal. She ha been dead for 12 years.
This is how corrupt Democrats enable voter fraud
Hmm, does that include all those dead voters who never seem to vote Republican?