-- 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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9 dead, 30 wounded, per other sites.
Just warming up for the convention. If we have a hot August the world is going to get a real eyeful.
Sick of this…VOTE RED…….what have you got to lose!!!!
Based on the absolute lack of outrage over the unrelenting carnage you have to conclude the victims, their mourning families and shattered lives don’t matter.
How did we get here?
Perhaps a side effect of normalizing other crimes such as looting, mugging, car jacking, etc? When the repeat offender somehow becomes the victim, there really is no where to direct the blame.
One progressive program at a time. We’ve come a long way baby — in the wrong direction.