-- 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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“According to court records, Brown’s bail was posted by the Chicago Community Bond Fund, which advocates for an end to pretrial detention.”
These are the progressive freaks who want to destroy your community, maim your children and elderly mother, and tank your property values. They are dangerous ideologues who care not for your health, welfare or safety, but care only for destruction. They are communists and Joe Biden voters. They are the definition of evil.