-- 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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Ivermectin, HCQ works.
Not the Frauds that Ban it!
The fourth estate is little more than the department of agitprop at this point. The best thing you can do is no watch, read or listen to their BS. No subscriptions, no eyeballs, no revenues.
An Actress
“… saved lives and changed Illinois for the better.”
I don’t think so … what a fluff piece! Did her mother write it?
Dr. Death.
Uh okay. Sure.
What an absolute lie.
Seriously