-- 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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Nancy wants to ruin the country anyway she can. There are ways to keep congress healthy and safe. She will not look at them. No what she looks at is how many more containers of 15 dollar ice cream containers she can fit in her 30 grand freezer. There are people who are not able to buy food let alone expensive ice cream and yet she is still getting paid and flying on jet or rather staying home and not doing anything. She does not care about anyone.
Yes. Keep churning through those federal judicial appointments.