-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
No wonder many are leaving Chicago and Illinois.
Another joke right?
See you in Court.
Lawsuits need to fly against these TWISTED COMMUNISTS!
In the name of public health my arse! The control this communist trash ball has is somewhat frighting. You must get an experimental vaccine or you’re excluded from living life! You don’t have a choice! So where does it stop? When does it end?
How about the encouraging of young healthy people to get vaccinated…yeah saw that coming. This is now beyond insanity. She needs to be slapped down for freedom crushing edicts that are not laws or lawful in any way.
Its not a bribe. Its extortion.