-- 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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Equity means YOUR home equity. – Steve Sailer, on X.
And banning exclusionary zoning means just that. The state is losing population and migrants are partially filling the gap. And the libtard’s totally absurd answer is to build more multifamily housing to create more density. These people will never accept, no matter the science, evidence or data, that this is an ideological belief in density and not based in any objective reality.