-- 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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GM has 95000 incompleted cars parked needing parts. Local truck maker Navistar has about 4500 trucks incompleted and parked due to certain parts. The supply chains are royally F’ed up.
But, but … I thought Mayor Pete had everything under control?!?
This is what happens when incompetent politicians appoint incompetent politicians.
Carbon Footprint and green policies are as big of a scam as COVID measures. Do not fall for it and do not comply. These policies will destroy this Country and destroy freedom for everyone.
If most of California slid into the ocean after a massive earthquake and took a couple of million screaming liberals along for the ride would anybody care?
yes, there would be a dozen Democraps that set up charities to skim off of.
That’s a skill some Trump University graduates probably learned from the unnamed genius who knows the best words and likely making them excellent job candidates at starting big-time scams.
Rent free ! Lol