-- 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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CTU is not the establishment. They are mafia thugs who extort the taxpayers for money for doing nothing.
“nothing”? Now, how would you have any really good understanding of what they do? All you know are the outcomes achieved, many of which are beyond their control. But, no, you choose to give that infantile comment instead. You’re more off than a moron!
They’re not the establishment, but they share the same values as every academic institution, every Fortune 500 corporation, every non-profit, and the entire Democrat Party.
THEY ARE THE #RESISTANCE GUYS, THEY THINK THE SAME AS EVERYONE ELSE
This promises to be the biggest federal kickback scandal ever