-- 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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This approach to robbery looks like something from another country. Kidnapping the victim is a 3rd world spin on robbery. Wonder where that could have come from …
Kinda like what the CTU, Fritz Kaegi, county, city and the state legislature do.
But Harris just said crime is down.
The FBI just revised their data, what shocker they just “quietly” released crime is up all these 3 letter government agencies need a complete overhaul