-- 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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Did she care to reflect as to how much money she received from George Soros. Really not interested in the woeful tales of someone who took money to circumvent the laws, the Smollet hoax being just one example.
One would think, that after growing in Cabrini, being surrounded by degenerates and scumbags committing horrible, violent crimes, with little disregard for human life, that Kim Foxx would be tough on crime, because she knows how high crime causes poverty, and trauma to those in the community. But instead, she got Stockholm Syndrome and sides with the criminal.
She’s not the sharpest pencil in the box. If she wanted to make a difference she should have got into social work or some other field where she could steer youths on the right path. Letting them out into society after committing violent crimes to commit more crimes is not helping them.