-- 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 think we all know by now that the Dem water carrying local media is going to focus on the flower street vendor and other benign characters being taken in while ignoring the fact that all here illegally are breaking the law and many of them have charges of child molestation, spousal abuse, etc. against them. “ Kill your TV “ sang Iggy Pop (?) in the early’70’s. Man, was he ahead of the curve!
If Pinhead and Putzger can raise fear in the community and appear to be fighting evil forces they are hoping crime and budget woes aren’t in the forefront
Fueling unnecessary fear is their whole point. In Chicago, and I’m sure elsewhere, they are purposely promoting fear in young children by talking about ICE raids as if they just grab anyone. These kids are being schooled in hatred and fear to become the next generation of angry, hateful adults.