-- 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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Meanwhile, Milwaukee has approved demonstration permits at the RNC for just about anyone that asked. Something to remember when the Dems that are trying their best to quell any dissenting voices toot their horn about how open and tolerant they are. Clowns.
IN THEIR DREAMS…….
What a feast for the eyes on its way. The
Palestinians protesting against the Jews.
The Jews protesting against the Palestinians
The republicans protesting against the democrats. Pritzker marching down Michigan Ave to the tune “Hail to the Chief”
Zippy selling boxes of Uncle Ben’s Rice in
Front of the united Center.
Oh the humanity!
No, I don’t think Chicago is ready for prime time. On the bright side, the whole country will get to observe what Chicago does best.