-- 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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Folks, by the time we’re 6 feet under the whole American Southwest will be called “Mexico.”
I actually saw a Mexican Independance Day picnic in a northern Detroit suburban city park last weekend. I had never seen one in my life before this.
Interesting that the term ‘mostly peaceful’ is so misused by Dems.
Riots in 2020 were ‘mostly peaceful,’ and the chaos ‘celebrating’ Mexican independence was ‘mostly peaceful.’ Run that past citizens who got caught up in that chaos and gridlock.
The ‘celebration’ was no more than a demonstration that they too, like the POC crowds, can take over the city.
When there are no consequences, there is chaos. Wait until ‘no bail’ is enacted Jan 1st.
Hmmmmm……Lori and Brown will get tough with the Hispanic players, but won’t touch Dude inc. why is that? Duh! Oh I get it! The Hispanic vote is lost anyhow. Lori has as much contempt for the Hispanic community as she does Caucasian! She showed her hand with Ray Lopez.