-- 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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I hope the delegates get it good and hard.
Let’s go for a repeat of the 1968 convention.
Triple the activity so the democrats can enjoy what they sow
There is almost a certainty that trouble will surround the Convention. The question is, being the press seems beholden to Pritzker, will the headlines be silent or will they fully expose the situation? As to the Illinois journalists keep in mind Pritzker’s indicated funding for journalists announced the other day; perhaps now we know his motives.
Have plenty of popcorn on hand and watch from a safe distance. The behavior is forecasted to be exceptionally raggedy.
It’s not people exercising their 1st Amendment rights that the Dem convention director needs to worry about, it’s his fellow lefties burning, looting, and rioting while they espouse their Marxist agenda.
The rioting during this convention that the whole country will see has the potential to sink the national election for the Democratic Socialists.
And this will not be a repeat of the 1968 convention. This time the cops will sit back and watch the mayhem. No cop wants to get injured defending JB or Brando.
Burn baby burn!