-- 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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Defund politicians protection! Communists like her deserve nothing!
Sure, if she cannot get the people to agree to defunding the police, these communist politicians will force them out by making it hard for the police to do their job such as has been done in Oregon and other Democrat, aka Communist states.
Her chief of staff has called for the burning of Chicago if police are not defunded.