-- 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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Had billionaire JB lived in the 14th century, he would have been a petty, evil tyrant living in a minor duchy, slaughtering and oppressing peasants for fun and profit. Today he bought himself a governorship, and votes being the keys to the kingdom (as Nancy Pelosi once said), he is oppressing the middle class and exacting tyranny on all those who disagree with his political views, just like a petty tyrant of a minor, declining kingdom. JB and Kim Jung Un share more in common than he would ever like to admit: both extremely fat and obese, inherited wealth, leaders… Read more »
Of course not. Children do not donate to them or vote for them. But their parents do, shame on them. Lib tribal sacrifice of their children to their “god ” of social justice.
They are DEMS. They want the citizens stupid.