-- 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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“Pritzker asks IL Supreme Court to restore his power to force school students to mask, test, be excluded, over COVID”
Lard a$$ runs around telling people that he still has this power except for the 700 or so odd students listed as Plaintiffs in the five lawsuits consolidated in Sangamon County.
No one of course recognizes this power anymore and everyone is willing to admit that the emperor wears no clothes.
Democrats: Always governing against the will of the people.
Just cannot handle defeat at the hands of his enemies.