-- 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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Fraudulent elections have consequences.
You just can not overstate the magnitude of this buffoon’s ineptitude
Brandon is ill equipped to run a city, and now he wants to run the globe. Talk about delusional. He’ll fail at being mayor as he had failed everything else. How’s that credit report coming Brandon? This guy is a grifter, and that’s all he’ll ever be.
Notice that he has brought in stringers to cheer in the background at his news conferences.
This is what socialists do — lie to the media over and over to distract from their crimes and failures