-- 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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Where’s Rev. Al Sharpton?
Answer, no virtue signalling opportunists for the white wokester elite like the Dexter Reed shooting
Where is the outrage? How can you expect members of a culture to feel outrage over the culture they created and perpetuate? They will never direct any outrage where it belongs- on themselves.
No, they will only lament their status as victims of the culture they created.