-- 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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It’s for the children. Don’t worry. His constituents will buy it.
Some news out of NYC.
https://www.yahoo.com/news/nyc-store-struggles-stay-afloat-164415858.html
He is getting beyond incompetent into the just plain silly fool stage. This announcement and the DNC are just a coincidence– laugh laugh.
BJ checked with advisor Grigory Potemkin and Marshall Potemkin assured him that there in fact are no homeless visible on the streets of Chicago nor are there any criminal illegal aliens visible. Move along and keep believing the Democrat fairydust, rainbows and moonbeams.
How long is Brandon’s nose now?
Nothing like starting off the day with a good bout of laughter 🙂 !
Brando is a leader! If you didn’t know that, he’ll be happy to tell you. Apparently no less an expert than Chaka Kahn agrees! This is the type of logic you get when you put a complete imbecile in office. He doesn’t resemble a leader in any way, shape or form. His leadership style reminds me of the mayor of Dolton.
Good ol Zippy he could not lead a one person Chinese Fire Drill.
even for an enn eye gee gee ee are mayor he’s pretty bad.