-- 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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Leave it to a decrepit old fool like Durbin to tow the line. I welcome challenges to long held beliefs in health and medicine. A great body of evidence is out there to do just that. Funny how the CDC has always been the arbiter of whats healthy. They are factually dishonest and obviously corrupt. Dick has been drinking the er, fluorinated water here for ever. Might explain things.
I filter the fluoride out of my drinking/cooking water. I wont even give my plants unfiltered city water.