-- 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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Kind of hard to blame the RED when the BLUE rules are being enforced!! Again…. a true testiment to how the BLUE just keeps on lying!! Hear it often and long enough you just may believe them……..NOT
Get professional help from an accredited therapist and stop blaming others for your mistakes, actions and problems.
Q: How many of the +100 shot over the holiday weekend done so by MAGA hat wearing Republicans or the police? A: 0.
If Real Republicans were in charge we could be proud of Chicago and barely have any crime…and a budding tourist business!!