-- 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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Mandates for governmental workers technically not effective, because FDA-approved vaxes are not actually available yet to health-care providers to administer. Google it. Politicians can scream “go get vaxed!”, but governmental agencies can’t enforce mandatory application of medicines not formally FDA-approved (not same as “emergency ok’ed”) and sufficiently distributed to provide adequate supply to all comers. IF CPD officers were all vaccinated, soon their medical-leave rates would sky-rocket from related vax-injuries causing hospitalizations, new disabilities, “Covid”, and worse, sudden unexplained deaths amongst the vaxed. Track the facts, man. Chicagoans are safer with unvaxed CPD police-force than a vaxed one. Time Lightfoot… Read more »
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