-- 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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I am not worried about mail-in ballots. What concerns me are ballots accepted and counted after election day. They know exactly how many votes they need to win, and amazingly they usually find them. They can’t win them all. That would raise suspicions.
If you can’t beat them, join them. And then hollow them out from within. This tactic is being applied by having DEI police officers, activist judges, socialist ( Marxist ) politicians and so on. Time for the shoe to go on the other foot.