-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Aren’t these the people who do not support individual law abiding citizens 2nd amendment right “Shall not be infringed”, yet hire and walk around with their own personal, armed body guards? They deserve a taste of what happens in these crime ridden cities.
Chicago’s Image In Film
https://www.youtube.com/watch?v=OWzZtKHSJ3I
It would be terrible if an actor were to be hit by a stray bullet. Speaking of actors, when is Jussie going to serve the rest of his sentence?
Hmmmmm…….eight squads providing security? Hey Lori! How about a little dance!