-- 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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ICE is understandably weary of dealing with politicians, SJWs and media that wants them unmasked, doxxed and can’t wait to show up at a location where they are trying to carry out what a majority of Americans voted for last November. I suppose that they should’ve alerted them about the raid in Portage Park that netted the illegal with 1.25 LB of cocaine delivered from Mexico. It wasn’t the first time for this illegal, and another woman from Mexico was arrested in Portage Park last year for doing the same thing. ICE is NICE by me.