-- 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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Anything from the Fibune is a load of BS. Dying rag of a newspaper, parakeets don’t want it in their cage.
Don’t do the crime if you can’t do the time. End of story.
This editorial perfectly encapsulates the insane world we live in. ‘Faith Leaders’ have completely merged with Democrat politicians. There is no separation between church and state. This editorial is not an opinion piece, it is a homily for the progressive faithful reaffirming their commitment to their ideology in the face of adversity. These ideologues use their own religious language so steeped in ideology that an outsider observer would understand little of this gobbledygook. They can’t even say religion, they must say ‘faith’. They speak in secret code that only others steeped in progressive mythology can understand: “our work to dismantle… Read more »