-- 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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Big Deal!
No Sympathy!
The Italians, Germans, Irish and many more ******Legal ********Immigrants did the same!
Exactly right, no sympathy if you don’t like it guess what go back.
This is what bugs me, these young men come to this country because their country is crap. Why aren’t these young men fighting to turn their own homelands around. Also, I’m sure this country gives Guatemala aid, so why don’t we stop that until they have a working government. We prop up these countries, nothing ever changes and their young men leave to come here for jobs. In another 10 years I can see this country turning to crap with drug gangs and anarchists running the show, What happens then. Can we all move to Guatemala? Where are all our… Read more »
Why doesn’t ProPublica give them jobs, jobs for life with 6 figure salaries, 8 weeks paid vacation, free healthcare, free childcare, guaranteed COLAs, tuition reimbursement, housing subsidies, transportation subsidies, maternity/paternity leave, free petcare, and generous pensions? People before profits!
Gee, if the work is too dangerous they should go home. To Guatemala.
I’ve wondered why and you know one reason these young men flee here is that all of these central and south american governments have very strict gun laws and it’s almost impossible to arm yourself unless you join a drug gang. The law abiding can’t obtain firearms to fight back and win back their country, so they flee here. Remember that when the democrats start whittling away our second amendment rights. The only ones with guns will be the government and the outlaws