-- 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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Pritzker and the Democratic Party are siding with the rioters. The only defense that the people have left is the second Amendment
FOID application website crashed this morning. Could not log in. Said due to unprecedented volume the site was having difficulties loading. Totally crazy, just another scandal under JB’s belt.
My my, Jay. You are projecting up a storm. So what’s your plan here? You just gonna keep throwing insults? You gonna fix our state from Twitter?
JB is way behind the times here, calling someone racist means nothing anymore!