-- 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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Solution: Mass deportation of criminal illegal immigrants along with the democrats who vote for the ‘sanctuary city’ politicians.
Chicago Alder-Clown Wants To Dump Chicago Illegals Downstate
Statewide? Now that’s an interesting comment. Does that perhaps mean the immigrants will be moved to assorted cities statewide for housing? I can hardly wait to see a few busloads dropped off at my downstate liberal utopia. Why I was just thinking the other day how hilarious it would be if Abbot sent a few busloads here and lo and behold it looks like Chicago may do it for him. << Keeping my fingers crossed for fun days ahead for Democrat voting Southern Illinois liberals.>>
Sorry, Chicago can take care of itself without “help from Springfield”.:.