-- 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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Our course, the Fat Bastard was most likely in Chicago at the time. Or Florida. Or Wisconsin. Or in transit between his mansions on his private jet(s).
Strap on the feedbag boy was probably in Florida.
Nanny state government and some people love it while others dont. I dont think it’s the govt responsibility to hold our hands as we lead our lives. I do think it’s the govt responsibility to advise the citizenry and offer solutions but not to micro manage their lives. Advise them of the dangers of this virus, offer them advise on how to be safe, offer the help of professionals about being safe and the dangers one may face if they get sick. But let the people make the decisions about how they will proceed. Every day we make decisions about… Read more »
Nice commentary spot on
Was he there, or was he in his Astor St. Mansion? Or maybe next door checking out the plumbing.
It’s a protester’s dilemma to decide which of the Dictator’s mansions will be picketed