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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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When anyone besides Madigan speaks, the fat slob hears nothing
Puppet strings
I know this has nothing to do with this article or Illinois politics in general but with all the madness and insanity going on here and in the country check out US Patent 6506148 B2. This is straight out of sci-fi but real. Our monitors and tv’s/phone near 1/2 HZ or 2.4HZ excites a sensory resonance that has an effect on our behaviors. What if this is true? People’s actions may be manipulated thru specific pulses from our digital devices. Look around most everyone seems to have gone insane. Now also look into 5G health problems. Time for me to… Read more »