-- 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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$$Cashen in on obama$$–main players are u of c who wanted nothing to do with the disaster in the black community up until obama
What’s total BS is I want to live in Kenilworth, IL, one of the richest communities in the state. But I can’t afford to live there. I am being priced out that community. It’s not fair. I need rent control so I can get a place to live on the cheap.
When you use sarcasm it’s okay to you, but when I use it all hell breaks loose in your mental wiring. It’s a strange world we live in here.
THe difference is that one time in one post four people, including myself, confused your sarcasm for TDS. It’s not your fault, it’s just a TDS epidemic.
And that’s four people out of …….. people?