-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Planning on heading across the river tonight to an outdoor concert with no restrictions and assume I will have a great time that will unfortunately end when I return to the mess that Illinois is.
Pritzker will parade himself around now about the wonderful job he has done during the pandemic, quote, I don’t have time for politics right now I’m busy saving lives. I will bet he will announce soon that he will seek re-election in 2022 and saving lives will be his platform along with what he did for BLM and the corrupt unions, because if he didn’t he knows he is doa in 2022 they are his only hope.
A proven strategy to win elections in Illinois. I might point out that in the last election in my area only 16% of eligible voters actually voted meaning that 86% of the people are happoy with the way things are.
Exactly we deserve what we get, thanks to others
The jig is up Mr Flintstone. The plandemic is over. Folks are not listening to you anymore. I drove by several south side cities this afternoon. Businesses fully open and masks OPTIONAL. It was great to see. Folks wanting to go about their business as before. The Official Government Workers Party of Illinois (OGWP), led by Freddie, will never win over the private sector. NEVER. People find a way; they HAVE found a way, including stepping up their legal tax avoidance. Time for taxpayers to hit the OGWP in the pocket, and we will, believe me. Yes the Fat Lady… Read more »
Heck yes, we had a very nice steak dinner in Itasca area on Friday night and the place was packed and although idiots were still wearing masks to get in and out it was like there was never a “scamdemic”.
The mask are purely a way to show your political stance and that you’re “woke” people are essentially using their faces as a yard sign – and unfortunately they are using their kids in the same way as well. It’s sick.