-- 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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Lefty’s are nuts. They find it sinful to judge the individual for crime, or their parents. They devise massively collective “solutions”, then when those fail, they refuse to blame themselves. They empty prisons and release offenders, then refuse to blame that. And just wind up blaming inanimate objects, like Guns, knives and cars. Anything but blaming themselves, true Marxists they are.
Well stated! Thanks!
Lori acknowledging that she’s to blame? Over your dead body!
The first thing Lori should do is acknowledge the problem! However, acknowledging the problem places it on her desk! Lori doesn’t acknowledge problems, she creates them! She’s terrified of losing her supporters, the criminals. She’ll blame Kim Fox or perhaps systemic racism. She’s also very lazy.