-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Thank you, Joe Biden and Mayorkas.
Thank you big pharma for addicting millions of people and now they cannot get legal drugs so illegal drugs are the choice. Big pharma paid large settlements to the states and got off scott free. Money talks when you are dealing with government.
107,000 fentanyl deaths in the US in 2022. The entire Vietnam war – 58,000 deaths. None were deserving but you’d think there would be outrage over fentanyl flooding across our border.
I guess half the country is outraged.
Thanks To Biden’s Open Border Deal With Mexico’s Drug Cartels
You know how you prevent fentanyl related opiod deaths? Don’t do drugs.
Folks, 2K opiods deaths per year in just CC is a form of undeclared war by Chicoms on the US.
If you’re interested in history research how the Chicoms eradicated opium in China when they came to power. I’m willing to bet that even today you could count opioid deaths in China on one hand.
Why can’t America get its arms around this problem? Look no farther than the corrupt bought and demented POTUS and his crackhead son.
I’m prefacing this comment with the fact that I have not researched how the Chicoms eradicated opium in China, but…. Just based off the fact that it’s a communist dictatorship, I’m pretty sure their methods ran counter to a the principles of liberty and individual rights.