-- 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
Great! Let’s start with BLM, CAIR, La Raza, MS 13, TDA, DSA, etc.
Who’s gonna tell the alderman that some of his peers are Socialists?
I can’t wait to see which clown gets decide what is “extremist”
Who defines ‘Extremist”? Is any city worker who votes in a Republican primary a target because Republicans are ‘far right’? What about Black Panther terrorist Bobby Rush?
Why can’t we punish Chicago City employees for having ties to gang members and drug dealers? I worked at Chicago City Colleges for a few years. Would be glad to supply names and details. (The Chicago police were too busy, too overwhelmed, or too indifferent to care.) Actually, it only seems like the high-profile administrators ever receive punishment for wrongdoing. The former vice chancellor of City Colleges was sentenced to more than five years in federal prison for procurement fraud. If you were a clerical worker at Wright College, you could call in sick all the time, squat in other… Read more »
So.. I guess the folks that proudly display their alliance to “ Fry the pigs! Fry them like bacon!” BLM extremism are also subject to scrutiny? How about the pro- Hamas terrorist supporters? Them too? Who gets to decide that the MAGA folks are terrorists but the aforementioned are not?
Hmm….go thing Old Joe’s retired. He’s held traditional American values (now considered extremist) his whole life.