-- 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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Given them citations, do you think those dazzling citizens will pay one penny in fines?
The democrats deserve what happens
I seriously doubt there will even be mass arrests. Whatever happens won’t be covered by the legacy media as they proclaim the brat as the next queen of the US.
Might be mass arrests, but will dismiss the charges. Dems are pro Muslim and anti Semetic
Maybe mass arrests but certainly no mass incarceration. Democrats want to control their Brownshirt Army but not stifle it.