-- 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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This is just the start watch how fast this virus can spread. El Gordo and Zippy will
Say all is well nothing to see here but wait till
They have hundreds in the local hospitals.
Who will foot that bill.
The hits just keep on cumming.
Even given the locale and who the infected people are, there is denial that the diseases making a comeback are attributable to millions of unvetted, unvaxxed illegal immigrants that have been pouring into the country for three years now. Epidemic yet? Masks, vaxes and mandates to kick in around election time? Don’t bet against it.