-- 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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Illinois Republican Party Chairman Tim Schneider, learn when to keep your mouth shut.
Mary is already getting baptized ain’t she? I agree that it’s a tough call for anyone other than a Marxist, Socialist, Democrat, University professor, high school radical teacher, or politician who isn’t a Conservative or a Republican to mention, even breathe the name of dare I type it here……..Hitler. Don’t stone me, don’t stone me, my God don’t do it. Yes, Mary Miller was correct. Hitler was smart. We can’t choose to hate our enemy and not at least recognize their strengths or we’ll live to fight them again in another form. Hitler grabbed the heart of the youth and… Read more »
Bravo well put.