-- 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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But they’re for doxing Ice. If they’re protecting lawmakers, then so should law enforcement and Ice be protected. Dems should not have it both ways.
This is the functional equivalent of wearing a mask. If it’s good for the ICE goose, it’s good for the public official gander.
Of course, these are the same Dems that want to unmask ICE so they can release their flying monkeys on them.
Dems ALWAYS project.