-- 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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Lori and the black caucus won’t allow a needed crackdown on these gangbanger buses as they enable and empower gangbanger activity. And Lori and the black caucus will allow anything in return for south and west side votes.
They are not doing what they do for votes. The votes are faked. They are doing all this crap to destabilize the state. They want problems to be so bad that you lose your rights. Rights such as a balanced budget, #1, and #2. “We’re so broke we can’t have a balanced budget.” “Gun violence is so bad we must infringe on gun ownership.” And of course “misinformation is so deadly that we must regulate speech.” And so on and so on to infinity.
p.s. trump won.