-- 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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they are “all in it together” USA defeated by infiltration in our public offices. they planned it for a generation. gauleiter prickster won’t stop until someone stops him, hopefully in the courts but a lot of judges owned by the fourth reich as well
Correction: this marks the first 12 months of executive orders
So, how do property owners pay their rent if their tenants do not have to honor their contracts? Or is it Ok for lenders to forelosure on property owners?
Is there no one who is awake to see that this is socialism. Lard Boy wants to be a dictator.
He needs to be recalled. If it can be done in California so to Illinois. It seems these “emergency orders” are what are causing children’s depression and the rise in young persons suicide.
Would you say anything if you didn’t have to go to work and still got your full salary? I’m afraid no one in IL will ever put an end to Pudster’s madness. Has the legislature accomplished anything in the last 12 months?
Fat Man Bad ☹