-- 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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To the ever-maskers their wuhan mask is a sign of fealty and a comforting security blanket. It’s like a Kim Jung Il pin or a Nazi armband. Wearing it shows their loyalty to the narrative and forcing others to wear it shows their tyrannical control. After the first few months of the Wuhan pandemic it lost it’s flimsy basis in science.
Don’t underestimate the power of fear…
What we are experiencing is…
People who are fearful of almost everything, are now in positions of power & influence…
They mistakenly believe everyone else is a fearful as they are..
Or even worse, believe people are too ignorant to be as fearful as they are…