-- 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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Well— Who has a Death wish?
Chicago politicians and their ilk pioneered the phrase, “Don’t do as I do, do as I say!”
Hmm……this reminds me of Stacy Gates and private schooling for her children.
Why would Dorval Carter mingle with the plebes riding his steeds?
The executive director class: an inbreed apart.
The people who use it are homeless, crooks, and drug dealers.
Who would not want to send their children on public transportation?
“The people who use it are homeless, crooks, and drug dealers.”
How do you know this? I see lots of folks who appear to be on their way to or from jobs, or to partake of taxed entertainment.
Have your daughter use if you think it is safe.
A neighbor told me they personally used a train on the northside several weeks ago, and 1/2 of an entire train car was being used by a homeless vagrant as his ‘home’. He had clothes hanging up, a sheet blocking his ‘area’, a bucket for excrement…. the guy made the train his home…