-- 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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It is no surprise that anti-Semitic attacks are growing. The progressive left are socialists- National Socialists. They have been following the Nazi playbook for a while.
George Floyd = Horst Wessel
Biden = Hindenburg
Jan 6 Capitol attack = Reichstag fire
They have been stoking racial divide for years, in the end game now.
Just for the record, I am not Jewish.