-- 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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It’s always an excuse from Lil Kim. She is a complete disaster.
Kim is utterly incompetent. The dramatic increases in crime prove it. You can’t believe what she says and everyone now knows she just lies or cherry picks trends to try to paint a better picture on crime. The good news is she is flipping liberals to conservatives one crime victim at a time. The bad news is it will take forever. And it seems the majority of Cook County residents like her being extremely soft on crime. It allows them to mug people at will, and steal what they want.
Democraps love being crime victims because it shows they don’t have “white privilege”