-- 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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The demoralization process in Illinois never stops. Perpetually in your face.
hell bent on turning this state into a 3rd world ghetto…
Leave it to IL Marxocrats to turn a bill concerning POW/ MIA’s into another opportunity to protect their precious illegals. It’s no wonder that those, ambivalent about the whole thing until Biden made it his business to get 10- 20 million of them to come here at taxpayers expense , as I once was now want every last non- naturalized person in the US GONE.
The elected leaders are spending time creating rules to make sure companies don’t comply with federal authority. Why would any firm put that in writing? Who is going to jail for that handbook?
JB the Hutt and the rest of the leftist kleptocrats have lost their minds years ago. This legislation would not be supported in any other country in the world but has straight-faced adherents in Illinois.
Illinois is utterly lost due to Democrat gerrymandering and the rise of suburban AWFLs and the utter worthlessness of the Chicago media.
Illinois is absolutely DOA, we are at the point of no return
Pritzker and Dems always protecting illegals because that’s their voter base.
Again PROTECTING ILLEGAL INVADERS . Forget about legal citizens
How can this be constitutional? That question aside, another is what is the meaning of citizenship if anyone can come here for whatever reason and obtain benefits not given to those here legally?
There is not point in citizenship, duh! The US is an economic zone, not a country.
Your comment needs a /sarc tag, otherwise the communists will take it at face value and agree with it.