-- 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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Oh Boy! Pondering, maybe thinking about it. Our leaders crossing their fingers and rubbing the rabbits foot! How about a round of “ we’re all in this together”!
The problem with these losers is that where ever they go, there they are. They fail to recognize that it is they, with their horrible voting patterns reflecting their degenerate beliefs, that is the cause of all their own problems. Where ever they go, their beliefs follow them, and they destroy everything.
Prisoners in their own homes. People need to take control of their lives back from the thugs. Either vote against the people who allowed this to happen or move out.
How about a massive protest on the front lawns of Kim Foxx and Tim Evans?
Firey but Mostly peaceful