-- 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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Wow. Pritzker has a “strong business background”?!? What absurd and patently false garbage. JB has never held a real job in his entire life. He has never had any position of management or has had to make hard business decisions. All that JB has ever done is spend his daddy’s money and purchase a Governorship from Mike Madigan. Period.
This article is Greising’s application for Reichsminister of Propaganda. He’s clearly qualified!
Clearly David Gresing of BGA has never run a business. Nor does understand the concept of risk and the ability of individual Americans to make good decisions on their own with mommy nanny state telling them what to do. The Constitution was founded on the basis of citizens acting on their own and making decision s on their own without the heavy hand of an elite leadership.
Seeking individual freedom is very far from extremism.
Disgusting and shameful.
I have to agree with Greising about extremists. Some nutcases think COVID has a 100% fatality rate and that the economy must be 100% shut down on the unchecked orders of a Dictator for Life until there is a 0% chance of dying from COVID or from any other cause.