-- 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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It’s not just Lori putting the wrong foot forward. She usually does by sticking her shoe in her mouth. If you don’t comply you’re obviously a racist. Lori is normally subtle. But, sometimes she goes over the top! She’s always inches away from labeling someone a honky.
I respect the FOP president more than Lightfoot.
Yes, but the holocaust comparison is stupid. He’d be better of talking about government enforced sterilization, or the forced anthrax vax, or even the failed polio vax that have people terrible cases of polio. There’s very little in the world that can be compared to the holocaust.
“… reached into the nut bag to find the words …”
Biased much?
Ahhhhhh, the Scum Times, time for it to go out of business soon.