-- 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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If you have not bailed on Facebook and Twitter yet you need to take a long hard look at yourself and commit to ditching that addiction to their Leftist nonsense. It’s the only way to hurt them .
Absolutely shutdown your accounts, call for a national boycott of Facebook and Twitter.
Get back in line and do not think for yourself. The real insurgents had 26,000 troops, barbed wire and an oligarch controlled media.