-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
“Speculated without evidence,” said the reporter, without evidence.
I got a kick out of the big guy in the fruity red rimmed glasses almost tearing up about the patrols. Let Mr. Lib get jumped on a train or sidewalk in broad daylight by the type of people now in hiding and then see how emotional he gets about much needed deterrence of crime.
Do editors still check their reports stories or do they run them by Putzger and Pinhead for approval first. These are neglected orphans. They are illegal aliens who are living it easy off our dimes
Fear is good, self-deport!
Of course they use the word “immigration” and fail to properly contextualize why they are in Chicago. They are there, activist pretending to be a journalist, because Democrats let in millions of unvetted persons who should not be here.
Agreed – but Lets be real too…it isn’t activist…it is terrorists. These people’s activities are physically attacking the officers and law enforcement. Deliberately causing a break down of law and order and the social structure of the land. Their activities are aimed at the break down of order and to sew fear, disorder, confusion and chaos. It is pathetic that the liberal morons in office allow it and even promote it.
Yes agreed. Illinois democrats , like other democrat, communist states have the agenda you speak of with one goal, to overthrow America’s constitutional republic.
Welcome FEDS!