-- 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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Most crime is committed by POC and interestingly the judges freeing these criminals also POC or curry dippers who have never read the literature of western civilization. Too bad there are not enough whites to replicate another Battle of Athens (TN). POC really enjoy easy living on the government plantation.
Nice to see that the Democrats who mis-rule Chicago get to experience the first results of their soft on crime laws