-- 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 DNC will be a progressive twofer. 1st they’ve gotta get rid of Bidet and the associated street violence will be off the chart.
CPD officers, if ever there was a time to come down with a new virus this is it. You’ll throw them off if you call in and tell them you’ve come down with “grippe blue!”
So much for “Free Speech”.