-- 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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They’re using every tool they have to hamstring the police, and it’s working. The progressive liberal playbook for large cities will ultimately destroy them, but those worthless fools will enjoy every minute. If this country doesn’t take back control from these worthless pieces of human garbage in November, it’s all over.
Why are they all tight lipped, because there the cause.
Why would a cop risk his life chasing a criminal with a gun who may shoot him. If the criminal tries to shoot him and the cop shoots the criminal guess who Kim Fox is going to charge. And if he ends up catching him what are the odds that he’ll actually be charged and convicted. It doesn’t take a brain surgeon to analyze that risk reward scenario.
So tight-lipped you may be excused for thinking the plan is to have no plan.