-- 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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Takers taking from the makers. If you’re a maker you need to leave.
Why am I being taxed for someone else’s deadbeat bills?
It’s the liberal way. Stop complaining and embrace your tax bill!
Biden decided that we all would suffer due to HIS Ukraine policy – I still can’t understand how U.S. involvement in Ukraine is benefiting Americans, but, alas, I haven’t sipped the Kool-Aid.