-- 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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Lol, whatever it is I never heard of it! It probably has a loyalty oath imbedded in the text. These shitbirds mandated the vaccine!I suspect they have no idea who’s had it. It’s so screwed up you can get vaccines in gas stations and convenience stores. The record you filled out when you got the shot, went to a landfill the same day!
Hold the line. Do not comply with this. They will totally control your life.