-- 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 guy was going to lose his seat with or without the Dem’s money. He voted for impeachment and voluntarily became a willing patsy for the Democrats. Let this be a lesson to future politicians. Protect your side and your team at all costs. There is no moral high ground. You may not like Trump but an attack on him is an attack on the Republican party and an attack on every Republican voter. It’s not a cult, it’s a tribe, and we need to protect each other politically from the violent communist mobs. Same goes for Cheney and Kinzinger.… Read more »