-- 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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How said. The Obama Center voted No instead of Present.
Sell it to JB the Hutt, it wouldn’t be the first time he tried to buy one of Chocolate Jesus’ Senate seats.
Notice the description of his pitifully short list of accomplishments after eight years in the Illinois Senate. He basically did nothing. Was not even the chair of one of the made up committees in the Senate. Was never a factor in a single big issue in eight years. And clearly accomplished nothing of any merit for the black community or his district. Totally puffed up qualifications that David Axelrod performed a marketing miracle with to get this loafer into higher office.
The chairs that Barry Soetero rarely warmed? Are we saving his used Kleenex too? He used those more than these seats.
Are these the chairs that he sat in, and voted “ present”, with Madigans blessing? Will Mikey get a prominent display in the shrine? He did after all invent the Great Obama!!!
He DOESN’T have a presidential library. Has an ugly temple to HIMSELF !!!
Will they also donate the toilet he used at the statehouse?
Can they write it off like Putzger?