-- 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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Hopefully Chesa Boudin bites the dust today. It took the will of the entire Asian community in SF to get the recall this far.
Worst thing Hitler did was let George Soros live
Soros has done unbelievable damage to the US. Even after he takes a well deserved dirt nap it will continue as his billions are poised to fund progressive destructionists for decades to come.