-- 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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Remember, YOU are the carbon these nut jobs want to eliminate. Cheap and reliable energy be damned, the Climate Religion decrees their religion supreme. The pushback has started against this insanity around the world. Ask any of these dunces EXACLY the degree of warming there actually is, versus their climate models. Next, ask these crazies EXACTLY how much temperature changes will be averted by these actions. If they have no EXACT answer, no waffling, no guesses, then they are to be escorted to the street and barred from holding public office ever again. It’s long past time these Climate Clerics… Read more »
Not just barred from public office but instead, behind bars.