-- 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
We must break the stranglehold that the Democrats have placed on us. The secret
Is Republicans unifying and voting the Democrats out. Take them apart person by person, we republicans have enough voters
State wide to do it and overcome the Chicago
Crook County minions.
Unity is the secret! Let’s use it.
Been saying Vote RED forever
We believe in and do what Springrad politburo tells us to, da. What good for commissar Pritzger good for us, nyet? Time to go get moose and squirrel, Natasha and I leave now.
I read that in the voice of Boris Badenov. Thanks for the laugh.
No we don’t, there aren’t enough of us left. They are the old timers, they’ve all left or died. They’ve been replaced by democrat voting immigrants and the college-educated. The northwest suburbs used to be called the ‘panhandle of dupage county’ because it was the conservative part of cook county and voted more like Republican DuPage County. But those days are long gone, as DuPage county and the nortwest suburbs generally are now something like 15% or 20% foreign born, 100% democrat voting, and the old timers have died or sold their homes to upper-middle class AWFLs and the working… Read more »