-- 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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Flag will be a union propaganda rag, celebrating the systematic robbery of the taxpayers
Illinois state motto, State Sovereignty, National Union, needs to be updated also.
How about, We Tax You to Death?!!
Or maybe,
Our Governors Serve More Time in Jail Than in Office!!
We rather prefer the jail bars – very apropos.
Good idea as well!
I vote for the greased palm. There are 2 Illinois Supreme Court justices whose faces could be used on the flag.