-- 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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If Taxwinkle only wants black folks to get the money then why in the wide world of sports can’t I put on some Shinola and get some of that coin of the realm. To not be
Able to join in would be discrimination of the
1st degree.
Toni the Taxwinkle Octopus has her tentacles in every socialist tax money grab scheme designed to benefit black people exclusively.