-- 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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Let him out with no bail so he can continue his reign of terror. The shysters in the states attorneys office and the judges could care less.
And let more of them in to this country with no accountability, no records, no nothing. The elected officials fear for their lives in Washington and protect themselves with the National Guard…and at the same time…couldn’t care less about the rest of the people of the US. We don’t matter to them. Shameless.