-- 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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A few buildings might burn down, but I’m sure in the end it will be categorized as mostly peaceful.
“as they do not distinguish between peaceful and violent protests”
With leftists they are one in the same…
Correct. The “peaceful protestors” are the sheep’s clothing that the violent wolves disguise themselves with. They coordinate beforehand. The violent protestors use the “peaceful” ones as a buffer, to tie up the cops. Similar to Hamas hiding behind and among women and children.