-- 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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oh wow, I’m no longer a carnival barker, I’m now one of “the spelunkers for misery”. that’s some catchy speech wring.
If the shoe fits spelunker
Can’t the Democrats nominate anyone normal? Hillary couldn’t stop coughing, Biden and Fetterman are both so obviously addled they need to be institutionalized, now the morbidly obese Pritzker? Just mention a presidential “run” to the fat man and he’ll drop the idea pretty quickly
They nominate who they feel will win. Consider the lack of participation by voters this election in Illinois and there you will find your answer
Democrats aren’t voting for candidates. They are voting party line. As shown by Biden, the most unelectable candidate ever, having previous run for president back in the 80’s or 90’s and being quickly run out of the primaries. Democrats have changed their electoral strategy to obtain ballots, and not convince voters. They get people to fill out ballots straight D. It doesn’t matter what name is on the ballot, only the D party matters. That’s why they don’t campaign, or do rallies, or even debate in many cases. None of it matters because they are collecting ballots, and voters. Big… Read more »
Yes, and Republicans need to change their strategy to match this new democrat strategy. Why should a republican lower themselves to debate a democrat.
Pure speculation, but I think Newsom is the nominee if he runs. Remember Dems have a fake primary and really a small cabal picks the nominee. Nancy is in the cabal. Newsom will be formidable even w/ o all the fraud in his favor. Probably the next president.
Biden is going to run for President in 2024 no matter how senile he becomes. The Democrats wont be able to unseat him with this election result. Biden will take this Red Ripple as a mandate of his leftist policies and double down on them and will continue spewing hate on the ultra mega maga half of America. JB’s billions won’t be enough to win the nomination. If Trump runs in 2024 then Biden wins reelection. The only sunlight is that the Supreme Court will continue to enforce the constitution and will gradually slap down 30 years of leftist non-legislated… Read more »
The CCP smiles at the prospect of two dumb US presidents in a row.
Please, run. If our electorate proves as incompetent as they did yesterday, Jibber Blubber as President will solidify our descent into the garbage heap of failed empires. A swift demise is always preferable to a slow trip to oblivion.
We deserve ruin as it took one generation to choose the comfort of serfdom over the implicit cost to remain free – simply one woke generation to fall to third world status.