-- 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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That’s a great idea. Keep kids that aren’t learning anything anyway out of the two square meals a day indoctrination center/ daycare even more to march around with cardboard signs extolling propaganda they don’t even understand or chatting on their phones and playin while blocking traffic. Brilliant.
And out on the streets to prey on the visitors.
CAN’T WAIT………LOL
Hmm, if it isn’t covid or snow or cold weather or a CTU sanctioned work stoppage or a walkout to protest Israel, it’s the Democratic Party Convention!