-- 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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Rep. Bob Morgan what are you doing to prevent this from happening?
Not a thing, you are going for legal gun owners that’s the easy way out!
78% black, 17.5% hispanic, 4.6% ALL other races combined. White supremacists are the problem. Stats provided by HEYJACKASS.COM
Illinois is DOA and I mean this for Real.
Cops will not protect you and risk getting hurt.
They only are there to clean up the bodies.
Let’s see High Crime, High Taxes and Gray Cold days, do I want to stay or leave?
Nasty, Brutish and Short…..