-- 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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Of course it’s unnecessary. It’s all unnecessary. Poor old President Trump got hoodwinked. You could even see it in real time on Pence and Fauci’s face until they masked them. You could see in their eyes the deception.
The cabal is real. We need to take our country back. Start with Illinois.
Congrats! That’s awesome. Keep up the good work.
Congrats WP!!!. As articale states, blue state dems got a huge problem–when covid fed funds are used as pay-o-la to upperincome state employees and their rediculous pensions instead of relief to neediest, how does that pass the sjw/ woke ethical smell test?–” Most federal funds to state and local governments will invariably flow into higher union pay, pensions and benefits and other payouts to buy votes” where are the pols on the right maken the case?