-- 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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Note to socialist Garcia (Dumbass-IL):
One crime, no matter who the perp might be, is too many. The rest is just making excuses. If you really knew what was happening in Pilsen, you’d call out the National Guard.
It’s been memory-holed that Chuy’s own son – now age 40+ – is/was a ranking member of the Latin King in Chicago. This is not disputed or a conspiracy theory.
Sounds like the Colorado legislator stating that the Venezuelan gang had ONLY taken over a few apartment buildings. As if that’s okay.
It’s not.
Once there’s a gang infestation, compliments of the last administration, citizens are burdened with a totally manufactured whole new set of problems.
Imagine all the resources being used to address the illegal alien problem used for the betterment of real citizens.
What a concept.
“ Some amigos did something..” as Chuy makes like fellow Marxist Omar.