-- 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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Unfortunately, even if the Chicago PD had the resources to do the checks, this gun registry would be considered racist due to the number of minorities in it not matching the demographics of Chicago.
Hey WTAF, any scathing expose on why the underserved aren’t being given more time for possession of extended magazines/ trigger switches on guns when/ if they are sentenced? How about a report on the breeders of the underserved doing time for the crimes committed by their non- demonized monthly check boosters as has happened to other people? Biased, left leaning “ reporting “, funded with our tax dollars.