-- 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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How can the guy who received the most votes in history be so unpopular so soon?
Did people not know who/what they were voting for?
Really perplexing. We need some experts to explain it to us so we know how this happened.
More votes that registered voters. Amazing
It doesn’t matter who the democrats run. Many will never vote democrat again. The only way the democrats can lead the country again is by brute force. Don’t think they’re not contemplating something bad. A cornered animal is unpredictable!
They run Illinois with brute force like it’s nothing. What constitution? Seriously bro, cornered animal? It’s more like the dodo bird. Americans have the deer in the headlights look when cornered. Too many generations away from such government tyranny to remember. You know, like the seals they just walk up to and knock over the head. Then add in all the brainwashing and propaganda. Why do you think they call what is on TV “programming”?
Couldn’t have said it better and with the dems passion for cheating, corrupt media on their side, not so confident of such an enormous red wave in the fall.
Newsom is an idiot if he thinks people living in a no income tax state are going to pull up stakes and shuffle off to the crapfest that is California. California is losing residents, and that’s going to continue. The attraction of that dump used to be the climate, but the never ending drought combined with restrictions mandated by the climate change overloads has hurt that aspect. It’s a progressive liberal freak show complete with the Hollyweird crowd. Their politicians are on par with the morons in Illinois, and that’s really saying something. I hope it falls into the sea.… Read more »