-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
How to keep teargas out of your eyes, STAY HOME or POSSIBLY GET A JOB and go to WORK!
There’s the Chicago rags company line. Twist it toward the poor illegals. And that’s why you’re going out of business
Garry who?
Ok Gerry, let’s see how you would handle yourself and those under your command when being constantly attacked with a media standing by drooling for something, anything to put on the next newscast. I don’t seem to remember you as being a” Shrinking Violet “ type and heard the phrase “ ghetto lottery “ ( referencing police involved shootings ) for the first time from you.
Tear gas – Used because of Assaulting ICE AGENTS .
Car crashes – Again peaceful rioters crashing into ICE AGENTS VEHICLES .
Choke holds – peaceful rioters fighting with ICE agents.