-- 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 first, I thought I had read that wrong. So, I re-read it and I am still in disbelief. Could this be accurate. The tax payers of Illinois are now paying for hair care to address cultural, racial, gender requirements of DCFS children? It is truly amazing. Just when you think you’ve heard it all…
Unfortunately, the article was silent as to what the responsibilities of various parties will be if the child identifies as a furry. Certainly such an identification will require 24 hour emergency hair care services. Illinois, where Nero came to die.
This will solve the problems no doubt about it. Hell, if it doesn’t hows about giving them
Youngins a free shopping trip to Rodeo Drive
Beverly Hills that will give them the reason to feel better.
How much TAXPAYERS MONEY FOR THIS BULL S..T
Of course nobody knows. Skilled caseworkers may be able to persuade most of the kids that they don’t want hair care plans.
With all of the issues plaguing Illinois and the Country right now – THIS is what our useless Legislators in Springfield are concerned about. No surprise.