-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Even the beaches in Evanston are private. Sanctimonious hypocrites.
Sounds like they are scared of the truth coming out!
LIberal Evanston LOL!!!
These people at this rally are deranged racists.
This is what we are up against. We must keep fighting, and fighting, until they are destroyed and they have no political power left. There is no surrender or compromise.
Sorry for the double comment, but the speakers at this rally are virulent racists. And people show up to protest a lawsuit? Who protests a lawsuit? Why are they trying to intimidate the Plaintiff? This is insane, completely insane, these people need to be beaten politically because they are virulent racists.