-- 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
So gross they force religious people, under penalty of law, to pay for baby murdering. Reminds me a bit of during the communist Spanish Revolution, the progressive would dig up the graves of catholic nuns and priests and defile them. As Jack Posobiec once said, the anti-humans always target the Christians first. Always.
Said coalition needs only to hire a pre- law student to run circles around JB and the other Marxists in an unbiased court of law. If it has to go to the SCOTUS, so be it. Any venue outside of Cook and Sangamon counties should suffice.