-- 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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Russ will budget ‘carpet bomb’ Blue States and Sanctuary cities. This is what Schumer and Democrats wanted.
Federal funds have already been offered to victims of violent crime here illegally. They have been offered $1,000 and transportation back home.
Why with all the taxes they put on us for wasteful spending should we have to pay for this. They use us for their personal bank accounts