-- 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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An election steal for the chosen candidate of the Cook County democrats going on in full view of the voters and the so called news media. Was this outcome unexpected? Of course not. Votes will “trickle” in until Harris wins. Burke was leading by almost 10K with a 51%-49% ratio that now Harris is getting a 3 for 1 bonus. It’s something that’s almost impossible but the magicians of the machine have every trick for election theft up their sleeve and are using them.