-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
So they can deep fake the votes.
If this is where we are headed, then why do we need “REPRESENTITIVES” anywhere in government; federal, state or local?
Can anybody here explain this to me!?
Demand paper ballots and have “The Chad Guy” on standby.
Sort of like mail in voting.
They seem to respond fine when they need to vote to raise taxes… wonder how it is different now?
Real bunch of geniuses we have in Springfield. Took them this long to figure it out. Fools and crooks the lot of them