-- 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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Collaborative effort? Sounds like a round of arm twisting is in the works. If you don’t pony up you’re a racist!
‘”Just deep in our spirit, we believe God made this for us to be a part of,” said McGee’
And they say Trump supporters are cultish.
It takes a village to raise a monument to an American hating sociopath
Yes, let’s build a giant temple to honor the great orator who moved to Martha’s Vineyard to escape war torn Chiraq.
Giant outhouse construction takes a lot of planning, manpower and money so expect delays.