-- 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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It is painfully apparent that Democrats do not care a lick about crime victims. They have a sick attachment to the criminals and will do almost anything to support them. Democrats love their criminals and terrorists.
Criminals and their progressive sympathizers ARE their constituency. This is not hyperbole. The prisons are full of Democrats. The jails are full of Democrats. The criminal justice system is full of and run by Democrats. These criminals all have relatives, many of whom themselves have been tied up in the criminal justice system. This is who they are. The short term goal is to normalize and decriminalize what White people call “anti-social behavior” like shoplifting, traffic violations, etc. The long term goal is to create a separate system of ‘street justice’ for the Black community. With defunded, demoralized and hand… Read more »