-- 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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As I repeatedly say, over and over again, the constitution is merely a piece of paper in the way to stop the authoritarian left. They know the law is illegal, unconstitutional, yet, they still pass it anyways, and hope to punish you along the way, deplorable.
I have been at several abortuaries passing out pregnancy information to girls who were not aware of the precious lives they were carrying. I am happy that the fat pig, his tribe and his illiterate tar baby are being slapped back by moral and honest judges.
Kawaumie fighting this in the federal courts for an eventual loss all for Virtue signaling and to prop up Pritzker’s presidential campaign is just another massive waste of taxpayer dollars.
Thank God it was a Trump real judge and not one of Obammy’s fake judges