-- 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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Needs to stop? Are you kidding me?
Conservatives are being actively hunted on the internet and in real life. Our enemies, with the smallest of majorities in the federal government, believe it is their duty to hunt and destroy anyone who voted for the previous administration. This ain’t going away, not for a long time.
It will escalate in the coming months. The article implies that the abuse is OK, the problem is only one of mistaken identity. The ruling party has made it clear that they believe all conservatives are guilty.