-- 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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Blago was never a participant in the circus we’re faced with today, Rod was a blow hard who wanted to play big shot; so who does he call? Porky! I’d take Blogo over Lori and Porky 24/7/365! So would you!
I hope in 5 to 6 months before the November 2022 election for governor he spill’s the beans on Pritzker, I believe there is far more that went on other than the FBI’s recorded tapes, how about the ones that have not been released. I hope it’s bye bye Pritzker.
Uh we’ve all quit him, it’s only the media that can’t quit him.