-- 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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RINO Lausch is delaying because he is a member of the machine. This case is taking way too long and was only started by Lausch the Beverly democrat and bff of Lori to help Lori get elected. It’s a joke and everyone knows it. The two dummycrats Durbin and Duckworth kept RINO Lausch in power.
Illinois is a joke from top to bottom we need to take matters into are own hands (peacefully) and start making ourselves heard loud and clear and the only way to do it is like the BLM and POC and March on Springfield and at every politicians home on a regular basis until we are heard loud and clear.
This will backfire. The media will give you zero coverage. Do you remember the massive rally outside the capital to protest the baby killing bill in 2019? Of course you don’t because the media ignored tens of thousands of people and the bill passed without a second thought.
But these days you might get some coverage, but not the kind you want. Its going to be negative media for the purpose of getting you fired, harassed and injured.
The sooner we here all realize that IL is a lost cause, the better.
The mortal sin of politics these days is no longer hard corruption, but instead, a derogatory comments about a protected ethnic group.
The feds gonna be shocked when they hear what the BIPOC say in private about the Irish!