-- 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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This is a complete $heet$how, for lack of a better world. ~ What is the long term plan for these illegal immigrants? They don’t speak English, they can’t legally work, they have no skills, where are they going to live with the no available affordable housing? ~ the ex-cons are angry that illegals get free housing while they get nothing; ~ Derric Price, founder of the African American Community Trust, wants the city to straight up nationalize private property to provide housing ~ George Roumbanis wants to use educational facilities – places where people are supposed to learn – and… Read more »
And the grifting and bloated Homeless – Industrial Complex is sure to start whining because these illegals will be usurping housing that is designated for their homeless “clients”… ya gotta love how these libtards eventually end up eating their own, lol…!!!