-- 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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Hmmm…..the usual crowd is upset about something, anything!
Oh, you mean something akin to your never ending complaints posted here apparently.
The liberal news media looks at events like this thru the glasses of Lenin, Marx and Stalin
I thought the frauds at NBC were banned from covering Rittenhouse. Arsonists!
12 brave Americans stood up for the rule of law over the howls of the mob. But the howling mob does not go down quietly.
I will be curious to see how they spin their “white supremacy runs the justice system” narrative when the Ahmaud Arbery trial concludes in GA, likely in a conviction.