-- 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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Let’s provide housing, food, money, health care and education to the invading hoards – heck, let’s let them vote too!
Screw the homeless veterans, seniors, and citizens who need help – channel it all to their replacements.
This situation is SO transparently UNFAIR and UNSUSTAINABLE.
We get what we vote (or fail to vote) for.
The author of the article, Maureen, your typical overweight AWFL with short, grey hair, and a low IQ, is SHOCKED to discover that registering illegal immigrants to attend CPS high schools is complicated! How can this be! Why isn’t the city just rolling out the red carpet for illegals!