-- 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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Free “Dulcolax” for the constipated.
These so called representatives, represent only the criminal. I wonder who they are getting campaign donations from.
Passage of The Safe-T Act
Pending HB5855.
It would be great if we could vote to stop paying our hard earned money to these communist rats who endanger the honest man, women and child, in our homes, workplace, schools and community!
The headline should be “Corrections Budget to Increase.” There, I fixed it.