-- 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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Journalism is dead.
There is no excuse for this ridiculous bill. Release criminals and then wonder why crime is up and people want to buy guns to protect themselves. Idiots.
Stupid chickens.
JB keeps repeating the same lie … and MSM lets him get away with it.
Stupid chickens.
We pay taxes for this BS?
People want to be able to walk the streets, shop, eat safely.
What a poor excuse to let hard criminals walk the street who should be behind bars!