-- 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 a good portion of your constituency enters a home by sneaking through a window and proceeds to urinate on the fronch-room floor, you can expect the homeowner to react allergically to their presence.
There is still no excuse for this kind of rudeness towards these NGOs though.
Off the top of my head, a Jewish guy got shot by a terrorist lunatic a few months ago, an illegal killed two girls downstate recently, and now we’ve got two illegals accused of torture and murder.
https://cwbchicago.com/2025/01/migrant-being-questioned-in-heinous-murder-was-arrested-two-weeks-ago-for-trying-to-lure-13-year-old-into-a-car-source.html