-- 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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IL will be the abortion capital of the US.
SICKENING
Is Pritzker requiring the insurance companies to notify his office of every abortion so he can send a congratulatory note to the would be mother? The guy simply adores an abortion. Makes him feel all warm and fuzzy.
“It isn’t right that some women are forced to weigh their own mortality or their future health against bringing life into this world,” Pritzker said.
LOL ‘weight’ as in overweight is the underlying cause of nearly all maternal mortality during child birth. It’s not uncommon for obese women to go into the hospital for weeks before and after child birth because of tremendous complications associated with being overweight during pregnancy.