-- 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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Brought to you by the state that gives you Dick Durbin.
It will save who money?? As a small business owner – we are taking it in the arse again as those costs will come right at us as an increase in premiums. Can’t wait.
Supporting illegal immigration and payouts from the pocket books of American citizens is criminal. Almost as criminal is stating taxpayers will save money.
Free health care for illegal immigrants is a nice pairing with free education. My local school fully supports the education for the children of Mexico. The tax money for all this “free” stuff just magically appears.
This seems to correlate with the crazy influx of illegal immigrants crossing over the border and settling in Chicago.
Guess how well this sits with the African American community already here?
True to form, the only African American sponsoring this was appointed to his seat.
Rep. Delia C. Ramirez – Barbara Hernandez, Bob Morgan, Daniel Didech, Angelica Guerrero-Cuellar, Kelly M. Cassidy, Aaron M. Ortiz, Will Guzzardi, Theresa Mah and Kambium Buckner
“Kelly M. Cassidy”
Moloch wants you to murder your babies in the womb but uses your tax dollars to support the children of illegal immigrants.
She is the devil, literally the devil.
Shouldn’t it read low-income illegal immigrants?
I propose IL change its state slogan.
“Dig Deeper”