-- 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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While illegals get free housing, medical care, and more, Chicago’s homeless get the shaft — the f**ked up priorities of the IL Democrat party
There’s just no end to the illegals. No goal to get them jobs, no goal to get them real housing, no goal to get them integrated into society. They’re here and demanding all the free stuff that their dumpy third world country couldn’t provide.
Let’s hear it for sanctuary states and sanctuary cities!
They asked for it, virtue-signaled it, and now they have to deal with it.
Elections have consequences.