-- 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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Youth curfews started in Baltimore for the summer.
https://www.zerohedge.com/political/baltimore-mayor-calls-citywide-curfew-after-all-hell-breaks-out
Once again, the apologists for the criminal-class, that masquerade as a news organization, can’t see the target; let alone the bullseye.
How about this one: lock up the criminals regardless of color? That would be a good starting point … and maybe even an ending point.
It’s worked in the past, but the wokesters don’t pay attention to history.
MOVE, run for your life.