-- 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 has to scare the bejesus out of these Dem Governors to see Trump already having an impact before he is even sworn in. It looks like Trump has already kicked the Prime Minister of one country out of office in Trudeau. Some of these Dems speak of finding common ground with Trump after attacking him relentlessly for the last 8 years. Some may call that politics as usual, but Trump isn’t the average politician, and the man holds a grudge. These Dem Governors who think he will forgive and forget are either in denial, or just plain scared.
Yup, seeing smarmy leftist puke Justine Trudeau absolutely *humiliated* by The Donald is still *another* wonderful gift of this Christmas season, lol! Hope he goes after the feckless lazy Germans next – Elon has already pissed off the German establishment with his support for AfD…
See the picture of Pritzker in the article, red tie, white shirt giving a thumbs up, MAGA man incognito lol.