-- 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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No one here illegally should get freebies courtesy of Chumbolone dollars.
Hell, no one here legally should get free stuff either.
Oh my, how could that be? Pritzker has been a proponent of this from the beginning, how could he turn his back on them now? Oh, I know, he will find a way to blame someone else for the financial short fall and increasing costs…and let himself off the hook. He, like Newsome in CA are both reptiles (and that comparison is hard on actual reptiles) changing their irresponsible positions and policies with the wind. They actually believe in nothing, but their own interests. Time for people to see these reptiles for what they are and vote them out.
Remember the TV show “V” they looked human on the outside but were actually reptiles.
No non citizen should have state funded healthcare. There are too many citizens who can’t afford healthcare.