-- 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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This story sounds a little fishy. The left has done the fake narrative for so long, ‘hands up don’t shoot’ (Ferguson), “I can’t breathe” (St. Floyd), “No we aren’t trafficking in minors at this gay bar in NYC (Stonewall). This swimmer being kicked off the YMCA team for protesting against a male in the girls locker room, and Riley Gaines showing up moments later, seems like the Right is taking a page from the left’s handbook to gin up as much fake outrage as possible.
Woke YMCA needs the Bud Light treatment
Agree. To the groomers at the YMCA, full stop on any donations until our kids are protected.