-- 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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Cluck Goudie and the rest of the Marxist collective at ABC are constantly licking their chops to denigrate the CPD. The whole white supremacist/ CPD link has been investigated and discredited as having any undue influence on the officers. The results weren’t to the “defund “ crowds liking, so let’s try again and also try and get charges brought against officers that killed repeat felons shooting at them. Communists never sleep.