-- 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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These officials don’t seem concerned when personal data leaks are from health care companies, credit cards and cell phone companies but when someone starts looking at USAID, the Dems get all in a tizzy. The adamant protesting is very interesting – and Elon and Trump are probably only knee-deep in the swamp!
Yes, it’s pretty funny that they don’t seem to know that almost everyone has already had personal data leaked some way or another. The hysteria just shows again how out of touch they really are.
Letitia James that sums this lawsuit all up
While waiting for the courts decision, hope they head on over to the IRS side of the ledger and try the same. Let’s get a full accounting of just whose paying what in Federal taxes.
James is too dumb to realize that Tik Tok, etc have been gathering that information for years now.