-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
And crazy conspiracy theorists were worried about never ending abuses of power and arbitrary restrictions of civil liberties.
But hey, safe and effective.
My favorite conspiracy theory is that everything is going to be okay.
Even Dr. Doofus Fauci says the pandemic is over. But our King Jabba knows better! The Rotund One craves power like he does pizza. Time to give the petulant child born with a silver shovel in his mouth a timeout.
Don’t worry always-maskers, JB will enact mask requirements about a month before the November elections. And also resurrect the vote-fraud/absentee voting/ ballot harvesting policies again. After all, they worked to steal an election in 2020 so they’ll be repeated again in 2022 to protect the Democrat incumbents.
Power corrupts and absolute power corrupts absolutely.
The last person you want to have power is the person who craves it.
VOTE THE BUM OUT!
That didnt work. The second is the last tool left.