-- 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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This is just horrible. DCFS is such a disorganized mess. They remove children who don’t need to be removed and they don’t remove children who need to be removed. It’s only a matter of time before DCFS’s mandate will be to remove children from homes where parents refuse ‘gender affirming care’ too. And there will be massive warehouses and facilities that pop up to house these kids and they will be filled with unspeakable horrors and pain.