-- 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
Yea, medical directives from Porky. The billionaire who tried to save some pocket change by pulling out the toilets, then throws his wife under the bus! It was MK’s idea. What a POS.
One child dissents from the ruling class’s directive and they make a capital case out of it? Seriously?
These are the same people who will throw you in a camp the first chance they get. They are denying a healthy child an education because he won’t wear a disgusting rag on his face.
So many authoritarians out there! Little Napoleons all.
Exactly, all of a sudden they have all become certified health officials, Bullshit.