-- 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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Texans should learn a lesson from Illinoisians never learned. Vote the scum out
No one is above the law. Right Democrats AKA Communists? Even JB’s little 2028 Presidential Campaign tools from Texas. Arrest and extradite these cowardly Democrat AKA Communist scum now and hold them in jail until they are dragged out in orange jumpsuits and chains.
What crime have they committed? Not a fan of leaving a state to avoid quorum but you’re a child if you think a crime was committed that requires extradition. State legislatures should start passing laws that allow for expulsion if you don’t show up unexcused but you can’t just make up laws to get your way.
No one is above the law including you. Follow the law TPG.