-- 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
Screw him and Crains!~
Hinz’s blanket assertions on the medical aspects of this are extremely irresponsible. He is basically saying that this is a pandemic of the unvaccinated. The evidence is now strongly against that, showing that the vaccinated spread the virus about as much as the vaccinated.
A windbag in his twilight.
This is not a law.
“the law”, since when is getting the vaccine a law?
Hinz is still around? Where does he write? Oh, Crain’s? Yeah, like the daily sub to the Trib, paying a bunch for pretty pictures just doesn’t cut it… Jeez, if they were worth their weight, they would have been in front of the fiasco with the Black Hawks years ago.
What an absolute waste of paper and ink.
Greg Hinz is about as relevant as a buggy whip. He’s a big reason I stopped subscribing to Crains, a once decent business magazine long ago that slowly drifted into leftist, big corporate / big government fascist propaganda. Crains will soon be going the way of the Trib. and good riddance.
When will this guy get fired? He can start a substack with 100 readers! that might be more readers than he has today!