-- 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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WOKE NONSENSE ALERT: Illinois Democrats Want To Make It Illegal To Say That Illegal Aliens Are Illegal Aliens
How very ‘woke!’ And that isn’t a compliment.
But, then again, if California and Colorado are on board, why not the boobs who run Illinois?
Hahah these are the morons you elect to present you, alien a technical term with a specific legal meaning for hundreds of years is a bad word.