-- 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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How anyone could say they are confident in Joe Biden after that debacle of a debate is beyond me. Joe wasn’t competent to be President on the day he took office. There is no way he could function at an appropriate level and had to be propped up. Worse, his running mate is extremely unpopular. JB and Brando aren’t fooling anyone.
Local fraudsters, supporting a national fraudster…
They have negative zero credibility, and thier judgement can never be trusted…
Both mental morons