-- 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
The Electoral College was a compromise that enabled ratification of the Constitution. Otherwise, no USA.
Eliminating the college would effectively negate the votes cast by people who live in less populous states. One-person-one-vote for President and Vice President would require a Constitutional amendment that would never be approved in the lifetime of those who vote today — dead or alive, legal or illegal, etc.
Slogans tell us whose lives matter and may sway a few votes but they don’t overcome the Constitution or win football games.
Of course they do. Then the double stuffed ballots boxes in the large blue urban areas will totally negate their people that work and only have time to cast one vote.
Funny these morons don’t complain about the popular vote in 2022 when Republicans had 2% more votes nationwide than Democrats…..