-- 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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Anyone who does not know that Pritzker is a bald faced liar just has not been paying attention.
I am getting sick and tired of people saying that our beloved governor Prickzer is not only fat but full of $hit as well.
Would you feel better knowing that most call him a lair too?
Outta:
It is spelled LIAR not “lair”.
Now, just one more question. Do you at least agree with this part of my post?
“Prickzer is not only fat but full of $hit as well.”
Counting on Governor Tax Cheat to use Fed money to pay off Illinois’ fraud-n-waste induced unemployment debt, instead of handing sweaty wads of cash to public employee unions and pestilential progressive harrumphery-for-votes?
BWHAA! HA! HA! HA! HA!
Only if you also believe that you’ll wake up tomorrow morning to find that the sun has risen in the West, and your dewey front yard is full of pink unicorns being ridden by Santa’s elves and tooth fairies.