-- 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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A tax fraudster says what?
Nearly every comment from this pompous a hole is a lie. And the media refuses to push back.
He alone spends tens of millions of dollars ever four years to pay off corporate media. That money goes straight from him to big media corporate in the form of campaign ads. If they dare criticize him, he’ll cut off the flow of cash. How much JB political ad money did Salem or Sinclair broadcasting receive from JB’s campaign? likely near $0.
The fat man’s comments constitute Obstruction of Justice. Lock him up!