-- 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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If the observation deck needs to be reinforced just to hang lights , there is a far bigger issue that needs to be addressed and probably will not be.
It would be a tragedy if the Illinois capital building collapsed! Get the lights up!
Because most likely putting up the satanic statue takes priority. They probably worship Moloch.
https://www.nbcnews.com/news/us-news/satanic-statue-erected-illinois-state-capitol-other-holiday-decorations-n944706
We know for a fact Rep. Kelly Cassidy worships Moloch.