-- 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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Quit the hyperbole…. It is offensive to our military that you make such disgusting comments. I can just imagine Sharkey on the front lines…
All by design. By who and for what purpose may be a mystery but “Divide and Conquer” is winning. It almost seems like we are in a video game but who is playing with the controllers??
Freddy it’s no mystery by who the Rockefeller’s and free Mason’s and a few more are behind this.
“warlike conditions”
Too. F…..ing. Bad.