-- 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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Illegally crossing U.S. borders is against the law.
Anyone breaking the law is a criminal.
Anyone aiding and abetting a criminal is breaking the law.
So the feds, states, and cities helping the illegal aliens are “aiding and abetting,” thereby engaging in criminal activity.
And they are doing it with YOUR tax money.
What a system!