-- 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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Pritzker and Lori have shown their hatred for the disabled, elderly, immune compromised, cancer and heart patients to pander to the unions and the permanent victim class. Their complete hatred for white people as a nonexistent voting entity is showing.
Follow the science. Follow the science. Pay no attention to what we are doing, it is all for your own good. We are the government…we are here to help… Makes no sense.
I expect nothing but this from Cook County! Leave now!