-- 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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Hmmm…
Perpetual tax increases with no vote by the elected “representatives”.
Only an A$$HOLE government official (federal or state) would view this as Constitutional.
Anyone care to defend this proposition?
Corrupt, all of them. One would think after this plandemic there would be some relief for the folks that pay their salaries, the taxpayer. Still they raid us.
They WORK for us.
PIGS. IN. TROUGH.
Trump worked for us. Most of the others are criminal traitors.