-- 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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I wonder if Pritzker would follow these scientists including Oppenheimer. He has created more damage to the average taxpayer than the bomb dropped on Hiroshima (est $8.7B) If?? elected how many more new taxes will be instituted and or raised without any reforms whatsoever?
https://www.usatoday.com/story/opinion/2020/08/07/manhattan-project-scientists-atomic-bomb-hiroshima-nagasaki-column/3305404001/
https://visit-nagasaki.com/the-cost-of-rebuilding-hiroshima-and-nagasaki-after-world-war-ii/
30 + months of autocratic edicts at the behest of the CDC…
NOW, he decides to go to the legislature…???
He has either – #1 seen the light & wants to repent from his tyranny, or # 2thinks the electorate is stupid…
My money is on #2…..
Arbuckle consulted a fortune teller and was told the end is near. He’ll petty fog the issue and attempt to create distance. He and Lori are going to spend the balance of their lives being deposed.
Wait, am I to believe that the King of Illinois will, for once, not issue an edict prescribing exactly what his minions must do? Must be an election in the very near term.
yeah, now our representatives must be heard. I cannot stand that man. How about putting the non-SAFETy act on the ballot to be heard.