-- 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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Johnson’s Sanctuary Stooges Are Gaslighting, To Hide The Chaos They Have Created
That’s $4,286 per person. So a young couple with two young kids is getting $17,143 per month for the family. Where can I sign up! Thank you taxpayers!
Start by changing your name to something more spanish – Viejo Espartano
Amen, Old Spartan!
How much of that $30 million is getting siphoned off to cronies and how much to actual services?
Want to put that money to best use? DEPORTATION!