-- 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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A Cook County judge makes a ruling that will be overturned eventually by the USSC but in the meantime more tax dollars will be wasted. A Cook County judge………now that’s funny.
Left wing judge shopping at its finest, the manufacturer is not selling switches, it’s the same story blame the gun manufacture not the individual that converted it!! Can I sue Oscar Meyer if I eat hot dogs and get fat