-- 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
Lori has totally screwed herself. She’s become a raving Malarkey machine. Nobody likes her and even less trust her, I suspect even the Master level bootlickers at ch7 are having second thoughts. Everything she says will be triple checked for any bending of facts. The Eric Carter circus has shown her true tendency to flat out lie to your face in an effort to ditch you and shut you up.
I respect the police but always remember they are agents of the state and most will follow any lawful order from the top. And if that means putting a knee on your neck to wear that mask, or allow BIPOC to the front of the line, or to kill you for the audacity to defend yourself against the anarchy in Chicago, they’ll enforce their power against you. As the repeatedly tell us, they just want to go home at night, and if that means killing anti-vax terrorists not wearing a mask, they’ll do it. Don’t believe me ? Look at… Read more »