-- 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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Thank you, Joe Biden.
Let’s go Brandon!
Self cleaning oven, no problemo!
Blame Dementia Joe for erasing the southern border and the protection it gave against drug traffickers.
Folks, this is the coin of Democratic Party governance. It’s a form of war being waged by Chicoms (just like covid). Life’s cheap here and getting cheaper all the time.
People are Dying to get out of Illinois.
I’m sure letting all the low level drug dealers out with no bail under Safe-T Act will help the opioid overdose death rate??
And being a sanctuary city for illegal immigrant cartel members trafficking the drugs over the border!