-- 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 Illinois general midterm election wrapped up last week and included more
votersBALLOTS than any gubernatorial election since 1998.”I have a bridge over Lake Michigan to sell you if you believe that more Dem voters showed up for a uninspiring midterm when nationally voter turnout was low for D’s but high for R’s. More ballots, fraudulent and harvested ballots, showed up.
They are mocking you with their fraud. They’re rubbing your face in it.
They know it’s fake. We know it’s fake. They know that we know this is all fake. Yet they keep up the charade.
Yes. Anytime republicans lose it’s because of voter fraud. Sad and pathetic as expected.