-- 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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The simple answer is No. If you pay these mopes a penny, you’ll be paying forever.
WOKE NONSENSE ALERT: Fake News Liberal Shit-Rag — The New Republic — Says The Quiet Part Loud About Evanston’s Race Hustle Reparations Revenue Robbery — Evanston Residents Will Be Tax To The Max To Pay For This Grievance Grift
The New Republic is indeed the worst of all the leftist publications – Slate, Salon, The Nation, New Yorker and others. We perform the heroic duty of actually reading them and linking to anything pertinent to Illinois. They are beyond moronic.
Who in their right mind would move to Evanston?
Well, I did seven years ago to get away from Chicago. Lemme tell ya, the place is a joke… it’s a real nest of leftist – liberal retardedness… the laffs are never – ending, at least!
I am a black man trapped in a White man’s body so I expect a little something.