-- 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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Save money … ship ’em all back to where they came from.
An initial expenditure would easily be offset by future savings in welfare, education, crime, etc.
Close the damn border!
You’d think a sanctuary city would be ready to offer sanctuary.
Nearly all are CRIMINAL ILLEGAL ALIENS and will be deported.
FYI, For historic accuracy, only Paine’s detractors called him “Tom.” He always went by “Thomas” yet sometimes would sign his letters at “T. Paine.”
We sure need him now in America.
Very few of these asylum cases will be granted. The law is clear: economic migrants are not refugees or asylum eligible. The lawyer who complain the system is overburdened are the same lawyers who file frivolous asylum cases that clog up the system.