-- 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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He was an angry old man, as if he was on speed. I was reminded of Clint Eastwood in Gran Torino, as the old man telling them to get off his lawn.
I thought he sounded like the clips of WWII speeches that I’ve seen on the History Channel, featuring a vitriolic orator and a cheering crowd.
With a little upper lip moustache? That guy Adolph something?
Two peas in a pod
No mention of the cost of lifting people up that should be lifting themselves up, to an overtaxed, aging, dwindling workforce. No mention of rampant crime fueled by de- policing and allowing career criminals to run wild in the name of equity. No mention of inflation that his secretary Yellen tells us is good. No mention of millions of illegals, unvetted, unvaxxed and unemployable allowed to stroll in and accelerate Americas downward spiral with the behavior and mores brought from their home countries. No mention of the fact that the POTUS is rapidly deteriorating before our very eyes. No mention… Read more »
One corrupt democrat praising another
The toilet bowl king needs to stop kvetching
About Illinois voters who see through his lies.
What Baby Huey needs to remember is the old Yiddish saying, “ Far gelt bakumt men
Alts, nor keyn sechel nit.
Money buys everything except common
Sense.
What a putz.
The two most important issues for Americans are the economy and the wide open border. Those are both hung around Biden’s chicken neck. Nothing JB says changes that. I don’t think Trump stands a chance with the ongoing relentless mainstream media campaign against him, but if there was a level playing field, Biden couldn’t get elected homecoming king at an all girls high school.
He would finish near the bottom, as he did his entire time in college.
LOVE IT