-- 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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Social media posters are saying at least 30,000 Antifa have already arrived in Chicago with 500-800 more arriving daily. Remember, it’s all a conspiracy theory until it’s not any longer.
I very much doubt it’s that many.
There will be no unrest because Soros is not paying for unrest like he did during the summer of Floyd. There’s no big bad orange man to injure. All the police in the city will be at the convention. The real risk is that there will be no police anywhere else in the city.
Don’t be surprised if the underserved, denied access to the UC and MC by their “ democratic masters “ that are scared witless of them, shift their focus to the Mag Mile, the Gold Coast neighborhood and other places where there will be no police and the pickings will be good.
The free shoes parade and yutes out funnin’ starts on Monday!!!