-- 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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Defund Illinois government ! !
Dictator for Life Jabba wants to kill Black men!!
I love when politicians say “they don’t really mean defund the police” and then you watch all the videos of people up there saying “get rid the police, defund the police, we don’t need police!” No JB your mob really wants no police. Of course the fat billionaire knows the moment the police are gone, the leftist mobs will torch his ‘horse farms’ to the ground and his family will share something with other out of touch billionaire rulers: the Bourbons and Romanovs, both of which were ‘reeducated’ by the same leftist mobs he today tries to placate. Sometimes… Read more »