-- 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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Pull federal funding until they comply
Defund these campuses and charge the presidents of these colleges for aiding and abetting illegals.
Nice! Pay big bucks for your kids education so that they can share the buildings taxes partially fund with people dodging the law. Can’t wait until the bunk beds are set up, laundry lines are stretched across the quad, and the sheltered begin amusing themselves with the students in one way or another.
I think some parents would now fittingly hesitate to send their kids to these schools, and some students would hesitate to apply.