-- 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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Panicky being dragged from the courtroom kicking, screaming and crying like Jussie would be worth its weight in gold.
And Illinoisans make sure Pritzker is arrested also.
Brandon won’t be arrested he’ll flop around and scream racism. He’s a small fish in over his head already. My guess is he’s probably cooperating with Trump behind the scenes like a rat already. Dude thinks he’s a mobster playing both sides. JB is the target, the fat juicy high profile billionaire target. If Trump’s administration can arrest JB and charge him with federal crimes for aiding and abetting criminal illegals, they can charge anyone, and everyone will else will quickly fall in line. Every major political figure in NY has flipped in the past few weeks on immigration, with… Read more »
If El Gordo get arrested, I am throwing a huge party.