-- 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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How many of these vermin contribute to Democrat political campaigns and only to the Democrats? Since DC votes for President 92% D and 8% R I’m guessing that this is another reason for the frantic Democrat flailing and screeching and anticipated cut-off of their fundraising source. Good riddance.
I’ve heard if they go to a Hone Depot parking lot early in the morning, they might get hired for some day work.
Think of all those self-righteous suburban liberal women, the college-educated stay-at-home former white-collar professionals, very very upset by Trump. It’s their B-student college-educated kids who graduate and obtain government and government-funded NGO positions, pseudo white-collar desk-jockey jobs when they don’t/can’t go to decent law school or 2nd-tier MBA program, or fail to enter medical school. Those adult-children of progressive democrats compose largest demographic percentage of government and NGO new employees over past two decades. They sit at desks, push paper, and make “policy”. No new advancements, no new products, these folks are entrenched in our state and federal bureaucratic deep… Read more »
Nobody feels bad for them; The legacy media’s sob stories have no effect anymore.
The VA has over 400,000 employees! Stop crying about 1,000 losing their jobs and get back to work or you’ll be next. As for the CFPB, where do I start? First, it was the brainchild of Elizabeth “Lieawatha” Warren, which should immediately concern any clear thinking individual. She didn’t want it to have any congressional oversight, and wanted it to report to her. Sure Liz, no problem. On top of that, instead of returning the amounts recovered from financial services firms to consumers, the CFPB retained the lion’s share for its own slush fund. The average salary at the CFPB… Read more »
Exactly, time to start trimming the fat the Democratic left politicians are running scared as to what is to be found. Hopefully soon there is going to be prosecuted politicians for dipping into the cookie jar, some with there hands still stuck in it. I also think there will soon be quite a few resignations coming soon, party’s over folks like Ex Illini said get back to work or your next.