-- Connecting the dots between our economy, government and business --
"You truly cannot script irony like this.... And now, the violence they allowed to flourish is coming back home, right into Democrat offices, onto their streets, and into their own communities."
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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Instant Karma is gonna get you!
But we all shine on like the moon and the stars and the sun…
Good one OldJoe!
Karma sucks!
But it was a mostly peaceful attack.
When realities face these types of politicians they usually double down on stupidity and continue on in their fantasy world. That is what makes them stunningly dangerous in their position.