-- 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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When I am weaker than you, I ask you for freedom because that is according to your principles; when I am stronger than you, I take away your freedom because that is according to my principles.
Frank Herbert
Eric Bradner, typist for CNN/DNC, neglects to mention that many of the so-called ‘defensive’ measures are already enshrined into Blue State laws. Abortion up to the point of infanticide is not under any threats, except those manufactured by leftists hell bent on as many dead babies as they can muster. Laws in service to the Religion of Climate hurt regular folks most, but these tenets are secure in leftist gulags like California and Illinois. So where is it? Voter ID? If that troubled them, I could understand the angst of blue state tyrants like Newscum and JB the Hutt. What… Read more »
They are all bloviating in the hopes of being the Democrat candidate for President in 2028 but it looks like, based on the 2024 election results, the citizens have tossed out the “woke” foolishness. Doubling down on idiotic socialist ‘woke” policies will only dig their graves a bit deeper.
One of the defining characteristics of progressives is that they never learn anything when their ideas fail spectacularly. Instead, they double down.
They’ll quickly relent when the spigot of federal money stops flowing…or some top official is indicted for conspiracy to subvert federal immigration law.
Did you see Pritzker bragging about how he was going to protect “his people” should Trump come after them? Now who would these people be that Trump would come after that Pritzker would protect…and the word “immigrant” comes to mind.
of the illegal variety
Technically “criminal illegal aliens”. Who can’t vote – despite the many who illegally criminally voted this round to no avail – and will all soon be deported That’s a hill to die on JB. No one ever said that Democrats are smart.