-- 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: poor cognitive skills should not be issue for presidential qualifications; I want to be president too.
Folks, there’s a reason old ladies don’t win beauty contests and the same logic applies to Biden too.
Ya know what JB it’s time to clear out the worlds largest senior center, Washington. And yes I’m a senior and I know my limitations.
JB can stop with the jedi mind tricks. The majority of the country are concerned about Dementia Joe’s age for a good reason. He’s simply too old and feeble! The guy is a train wreck in living color, day after day. This is nothing more than a glaring case of elder abuse at this point. The massive Pritzker ego is such that he actually believes people care what he says. He will change nobody’s opinion on this issue. In the time it took to type this post Biden just loaded another diaper.
Did JB compare the events going on now all around the world and what was going on during the previous administration? There were no wars/little if any inflation/low interest rates/border problems were somewhat under control/good stock market. There was Covid and the draconian response of lockdowns. Now everyone I talk to seems dumbfounded on how fast things went downhill and getting worse. Did not even mention crime/carjackings/shoplifting and lack of incarceration. Only to get worse.