-- 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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Because we owe illegals a comfortable existence while native born American mental patients, veterans and elderly live on the streets or otherwise struggle to get by. No, we don’t and it’s time someone grows a pair and puts that message out.
They’re upset that they came here illegally and can’t become citizens right away? LOL There’s not a single country on earth, other than the USA, that allows this to happen.
Nobody understands that. My daughter did a semester overseas, needed to show she had $5K in the bank and had health insurance (EU approved) before they would give her a resident permit.
The party of Identity Grievances created this monster of whining, entitlement and spoiled complaining. Enjoy their rioting.