-- 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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Trump is so far into Putzgers head the gub is becoming a maniac and breaking down right in front of our eyes. Isn’t life grand ?
What Pritzker is really up to is running for president using people as pawns while fiscally and socially destroying his state.
Trump is doing to America’s Worst Governor as he does to all Dems and their fawning, sycophantic media- he keeps them up at night with the mere mention of actions designed to make their heads explode and bedevils them to no end.
Politico. The DNC-friendly fake news site that got funding from USAID. The blog equivalent of MSDNC only with sprinkles (of confiscated Federal taxpayer dollars). Of course JB the Hutt would run there, but Politico probably already had the propaganda written.