-- 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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The beatings will continue until morale improves! Lil Kim protects her little gangbangers first and foremost. They have shootouts in the middle of the day on busy city streets and she refuses to file charges. The inmates are running the asylum now kids.
You can’t complain if you filled in the oval for a Democrat, and in particular Kim Fox. If you voted for this change, time to own it. Wait until no cash bail kicks in. Likely to hit real estate prices. Who wants to be continuously having to look over their shoulder?
Hey Peeps,
Leave Chicago!! Simple
You voted for the dopes live with it