-- 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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Has anyone told Biden that he dropped out yet? We haven’t seen hide nor hair of him lately, have to wonder if it’s Weekend at Bernie’s 2.
The head-hanger award goes to La Shawn Ford claiming the governor has done things for Illinois that have led the nation.
The article wasn’t really about the litany of Biden’s accomplishments according to JB Pritzker, but I wish they would have named a few. That would have helped those with poor recall, or might have instead won the head-hanger award.
JB may get a lot of love in Illinois, but he’ll be getting out over his skis if he decides to run for president. Controlling a corrupt blue state where politicians are often on the take is one thing, but pedaling his special brand of weirdness in a country that has seen enough to last a lifetime is another. Let’s start with his passion for transitioning children and move on from there.
His intersectionality identity is really bad. Billionaire, joosih, male, white, obese. The party has a difficult enough time courting the far left vote right now aka “Genocide Joe”, there’s not a chance in Hell he’s getting the nomination. They’d never in a million years vote for a guy like that as VP. Same goes for the joosih gov from PA, Josh Shapiro, not a chance in hell. I talked to a normie millennial Democrat today at the local dog park, not even about politics, and that race of people came up, and he felt no reservations about telling me how… Read more »
Also, the Democrat Party tried the ‘normie rich white guy’ as VP thing in 2016, Tim Kaine, and that got them nowhere. I’d be shocked if they did that again, although, that seems to be the conventional wisdom.
The big question is who’s running this country? I’ve got a sick feeling that we’ll pay in blood for the Dems stealing the 2020 election.