-- 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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Johnson Wants Illegals Housed In Tent City — In Chicago — In The Winter – Second City Cop
So why not put them on buses and send them to California as the winters around LA are so much milder and California loves those migrants (illegal aliens). Problem solved.
Pretty soon the Big Top is going to have an entirely different meaning then when I was a kid. It will still be a circus, but it won’t be any fun.
Ex, PT Barnum’s famous quote about the gullibility of the typical American is still as true as ever…..