-- 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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This is going to be a Cluster F…., I’ll enjoy watching.
Let’s go, Brandon–back to school! Not to teach, but to learn (if you are educable).
The CPD should enforce the law, period. On the other hand, I could understand their reluctance to clear the U of C encampment, when the mayor doesn’t have their back!
Heard they were planning on doing the convention via zoom…….cause they are afraid of the protestors
Democrats think that their “fiery but mostly peaceful protests” and threats of violence in 2020 helped Sleepy Joe win. They are planning a repeat for 2024.
The Democrats helped to create this monster and now they won’t control it.
Thing is, the ‘monster’ IS ‘the plan’…
They will use the chaos THEY created to illustrate their ‘solution’ – the need for a national ‘federal’ police force, likely wearing brownshirts…