-- 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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Sustainable model? Plane tickets back to their country of origin – far cheaper solution for Illinois and Chicago taxpayers.
Spend the resources to return them to their homelands.
These illegals are using up the resources meant for citizens. As usual for Illinois, crime is rewarded and taxpayers are victimized.
Stupid chickens.
Let me know what you find. An unending stream of free for me! SFS,
Sustainable Free Shit. It will be more popular than perpetual motion scams