-- 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 no mention by the Tribune of Kamala Harris telling citizens last fall to refuse the ‘Trump vaccine’ because nothing Trump did could be right, and then as soon as she could she and her family jumped the line to get vaccinated. This liar and fraud Harris is now acting President.
This sort of vaccine grifting is no more or less disgusting than Pritzker and Lightfoot’s massively raccist vaccine distribution program in the name of ‘equity’. If you are of a preferred race (via zip code) then get in line. Everyone else wait till next year. “Equity” does not equal equality. “Equity” is an excuse to discriminate.
It’s legalized corruption based on race.