-- 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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BFT the plug was pulled on a network that manages to work racism/ global warming/and other decidedly left wing nonsense into every story.
“In rural areas across Illinois, especially in news deserts, many rely on public radio and television stations for emergency alerts and life-and-death news, like storm coverage…”
LOL! Believe or not, those “rubes” in rural Illinois now have these things called “cell phones”, which is how they get their weather coverage and other information. WTTW thinks they are still staring at a Zenith console TV, tuning in at predetermined times via something called a “schedule”, like it’s still 1975…
Wow. NPR, WTTW and PBS continue to lie and spew Democrat propaganda while they swirl the toilet drain.