-- 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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Nice left leaning article that found fault with the CPD at every turn but adroitly ignored the transgressions by the, call them what they were, rioters and opportunistic thugs out for “ free stuff “.
In other words; go to it protestors, just make sure its “mostly” peaceful. The taxpayers will pay for the damage.
DNC had crime on the climb,
But no need to worry ’bout time.
With Kim Fox on the case,
Charges vanish, no trace—
Injustice just isn’t a crime!
Bing. See our new piece on that here: https://wirepoints.org/in-major-reversal-cook-county-states-attorney-kim-foxx-says-wont-prosecute-lawbreaking-convention-protesters-if-peaceful-wirepoints/
‘The protests are mostly peaceful’ Walz and the legacy media said as Minneapolis burned.
Chicago, you voted for this….