-- 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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They need to stop patting themselves on the back. Chicago didn’t stop the covid, omicron did:
Bill Gates says Omicron ‘sadly’ spreads immunity faster than vaccines (infowars.com)
They are busted. The truth is coming out and will continue to. They are all complicit.
Um its not “Chicago’s progress”, Chicago nor anybody else can claim credit for the downturn in cases. But instead give omicron all the credit. Omicron is the gift that gave us herd immunity. We needed a covid variant that was both aggressively contagious but also relatively harmless, so everyone can easily catch it like a cold and receive the gift of natural immunity. That gift came in the form of omicron. Politicians are so narcissistic that they actually think they are the heroes that killed covid, the real hero is omicron.
It’s hard to trust the numbers, when they can make the numbers be anything they want. That’s what this pandemic as taught me.
Just more wiggle words – the kind we’ve been hearing for months. IL and federal health departments have lost credibility – and that’s unfortunate, very unfortunate. Had they leveled with the public from the beginning things would be quite different … but they didn’t. They spoke in definitives when they should have admitted they were learning as the pandemic unfolded. They denied natural immunity, the targeted demographic, and ignored early interventions. “You’re positive for COVID? Stay at home and if it gets really bad go to the ER.” They ignored the ‘Focused Protection’ recommended by the Great Barrington Declaration which… Read more »
If only their approach to this situation were as well articulated as your takedown of their deceit.
Well put, Pat! Couldn’t agree more!
Ropes and lampposts for these tyrants. All of them. From the WHO to the UN to the NIHS, CDC, FDA and right down to these petty tyrant governors and agent provocateurs. If you dont punish them now they will only do it again.
Boss, “Need to get my numbers up, Doc, can ya help me?” Doc, “Sure, this was never really a threat to over 99% of the populace anyway…. I will craft some nonsense press releases…”
LL, JB, etc. Barnum Brothers and Bailey in the house!!!