-- 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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Wow, what a surprise! I would have never thought that allowing 12 Million illegal undocumented unvaccinated people from 3rd world crap holes into our country unvetted would expose the population of this great country to disease that has been all but eliminated from our society. How did this happen? This is just another ripple effect of Biden and this insanity.
And I say, Gee, I wonder why?
YEP……..YOU ARE CORRECT!!