-- 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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Kinzinger’s district is about to be redistricted which may explain his recent left wing activities for the last year or so. I guess in his opinion being a turncoat to the conservative voters who have elected him may be enough to earn some credibility with the demoncrats and possibly save his job. I wont vote for him again and I know several others who feel the same way. It’s a lost cause to think demoncrats will ever not be in power. Cook/County/Chicago run the show, totally and until voters there get their heads out of their rectums nothing will change.
But yet Springfield doesn’t get it.
No, they get it. They’d rather have 14 all Democrat seats than 14 D seats and 3 Republican seats. Getting rid of all Republicans is the point of the exercise. Population loss is the goal. Our leaders want all opposition gone. One party state is the reason they are doing this.