-- 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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Dodo Kwame does not know that children cannot purchase firearms. Dodo Sotomayor had to corrected by another supreme court justice for not knowing it was illegal to carry a firearm onto commercial airliner.
You’d think they’d go after violent drill rap videos with 16 year olds flashing their pieces, but instead, they target non-existent gun ads towards children and militants.
This is the legislature Illinois deserves. Because the problem with Illinois are the people, and they cannot be fixed.
IL Democrats think that your children belong to the state