-- 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
Follow the money
Look into financial connections of :
Equitable Social Solutions LLC
https://opencorporates.com/companies/us_ca/202124510938
and
Favorite Healthcare Staffing (paragraph from linked article reads in part:)
“Invoices reviewed by the Tribune show that hundreds of Favorite Staffing workers logged 84-hour workweeks — with the overtime, paid at a 50% premium, helping balloon bills that topped at least $56 million. At a Woodlawn shelter in early February, for example, two-thirds of the 50 staffers logged working at least 12 hours a day, seven days a week. At the Streeterville site one week in March, roughly 8 in 10 workers logged the same hours.”
Is the Catholic Church being compensated for housing these migrants? If so, great way to make up for the cash lost from Catholics disgusted with the church and not going to Mass. There are enough closed churches and schools to make a pretty good haul. If the Church is getting paid, where are all the screamers about separation of church and state?
It’s Catholic Charities, not the Catholic Church. I’ve met Catholic Charity employees, they do a lot of other social services, and they’re not the church going type.
Not knocking Catholic Charities,they do great things, yet Catholic Charities may administer the shelter, but the Archdiocese owns St. Barts. They’re giving all the money to CC? Where is the money coming from and who’s getting it and what are they doing with it? Haven’t read anything about that. FOLLOW the money!
I don’t know, worth looking into for sure, but I’m sure it all leads to left wing organizations seeking to destabilize the US.