-- 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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Big neon signs advertising crackhouses. Chicago has sunk to the lowest!
What’s the end game here? To keep the addicts hooked and charge the taxpayer for doing so? Great idea.
Amazing how the progressives recognize a problem – overdoses – and then comes up with a really, really stupid solution to address the original problem, ultimately, only making things worse. It’s like the gays say for Monkeypox, “dont ask us to stop going to or-g’s it didn’t work with GRIDS (HIV) and it stigmatizes us”. Uh, just like random hookups with multiple partners was the direct cause of most gay stds, drugs are the cause of the overdoses.
It’s getting really hard to care about all this stupidity. I just don’t want to see innocent people become victims at this point.
Lashawn, I want a safe house of ill repute within walking distance in Bowmanville. Could you use your good offices to make that happen?