-- 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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How many times are hard-core Progressives going to be rejected by the Democratic establishment before they form their own political party? They’re like frat boy wannabees that rush the same fraternity every semester only to be rejected, while the few that become pledges are incessantly hazed.
Progressives want to piggyback off the Democratic infrastructure someone else built but force everyone to abide by their own rules and set of beliefs.Not much different than a virus.
Progressives hate you, they hate your beliefs, they hate everything about you. The mock you, they disparage you, they want to take away your freedoms and give them to others. Don’t ever forget that.