-- 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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The president is suffering from perhaps senile dementia. It is a progressive disease Get old enough and it starts and progresses. It is very sad to see anyone so affected. They gave the president meds to try and Clear the fog that comes to him, either too Much on the meds or the president could not Metabolize them fast enough and they caused what we saw on TV. The man needs Help and Jill needs to stop pushing him to do things clearly they he can no longer do. When the fog clears Joe is fine but that damn Fog… Read more »
Not surprising that Dimwit Duckworth thought Biden won the debate. She is seriously stupid enough to believe it. Vote her out.
It is one bad choice and a worse choice year.
Reminiscent of Rolling Stone magazine that, in 1980, proclaimed “ Better the zero of Carter than the minus of Reagan “. Thankfully, that convoluted equation was ignored.
And yet, 40% of the country STILL Voted for Carter. They surveyed the destructed landscape that was the US: hostages, high inflation, oil embargos, baby bust, record bankruptcies. And the only conclusion that 40% of the country – aka Democrat – arrived at was “Gimme more of this”. Completely insane.