-- 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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Gov. Evers is a liberal and he’s signing a tax reduction bill? Even he must see the writing on the wall and he knows that Biden’s small victory was due to fraud coming from Zuck’s money (which was just banned) in the 5 major cities (Green bay, milwakee, madison, eau claire and kenosha).
He knows he had to sign this bill or else he’s toast in 2022.
No matter what he tries at this point, he’s a failed Gov in WI terms and I hope he’s Toast 2022.
I posted this on a different thread here.
https://www.yahoo.com/news/texas-governor-don-huffines-says-100300222.html
Notice Texas has population of 29M to out 12.7M. They have 4,100 units of gov’t to our over 7,000.
What Illinois is doing is—PATHETIC
The only two words our politicians know is Raise Taxes.
Illinois politicians are illiterate and ignorant individuals.
I wish. It’s a lot worse than that.
All but a few. Yes.