-- 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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Isn’t this kinda a Federal thing, not a state thing? Oh, guess Commodious Maximus will support their various cartels too, as that helps Mexicans a lot financially! 🤔
Sure hope not! 😳
Trade agreements
Governor WIDE-LOAD traded his soul for a life time supply of free burritos
Water resources? That’s a long way for Lake Michigan water.
You mean the Gulf of Illinois right?
You twits. Not Mexico, Estado de México. The state, not the country.