-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
At some point, you’re too old to drive. Maybe it’s not at 75 or 79. I think there should be extra testing for seniors at some point. Otherwise, you’ll have too many instances of old drivers mowing down kids walking, riding their bikes, etc. Yes, young drivers commit those crimes, too, but it’s usually not because their brains deteriorated.
Strange that Illinois is the only State that requires this.
It should be in every state.
Another example of a carefully constructed fake reality where discrimination based on age – in this case being 75 years old – is called ‘ageist’ as 100 years of common sense since the automobile was invented is thrown out the window.
But the real purpose of ‘ageism’ for these progressive freaks is the Age of Consent, because they’re all part of the LGBTQ++++Pedo group, where age is just a number, and they can abuse and groom children without fear of repercussion…