-- 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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Definitely need masses of suits directed at politicians responsible for unlawful shutdowns and business restrictions.
File an additional lawsuit aimed at the State of Illinois. If your business is in Chicago your lawsuit should be at the City of Chicago.
Business that were destroyed or Robbed because of looting and where the police were told to stand down need to sue that cities Mayor!
The restaurants should be suing the Dictator in Springfield