-- 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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More proof that CTU are the lowest vilest form of parasitic satanic scum. After the Janus ruling anyone who who remains a CTU member is complicit in this criminal conspiracy, is equally guilty and has a special painful corner of hell awaiting them. Bust this terrorist union now.
If they want to politically act, they can do that on their own damn time. Now I get what Pink Floyd meant when they sang “Teacher, leave them kids alone.”