-- 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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It’s called a political “purge”. It starts with the large institutions and government dependent corporations and works it’s way through society from there. It’s the first step in a civil war or color revolution. Make no mistake we are at war, the sooner you realize it and accept it the better we can stop it before it escalates to actual bloodshed. Leftists historically resort to crushing violence when they don’t get their way.
Sounds exactly like discrimination to me…
Let the lawsuits begin…