-- 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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The rioting around this Democrat Convention Cesspool will make 1968 look like a birthday party.
Hopefully, the Chicago its residents endure every day will be on full display for all the world to see, not some temporary, sanitized, law and order version conjured up by Pritzger and Johnson.
I hope that I’m wrong but I wasn’t born yesterday either. Plus the Democrats supporters have become progressively (ha!) more and more violent. JB wont dare to call out the National Guard in his Presidential Dreams Coronation. CPD will do nothing. So ANTIFA, Pro Palestinian thugs, BLM and every other aggrieved leftist will have unfettered environment. The only positive is the national Pravda media won’t be able to hide the thuggery of the Democrat’s Brownshirt storm troopers. Nationwide it will cost Democrat’s votes. This steady shift toward violence is the Democrat’s achilles heel.
We can only hope that it’s 3x worse