-- 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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Convening of political Taxaholics is never a good idea! Instead they should enroll in Taxaholics Annoymous 2 step program.
#1 Do NOT raise taxes!
#2 Reforms!
Increase in state income tax coming?
Only reason to meet now right?
Despite decimating the private sector since March, destroying businesses and people’s livelihoods (except Government workers, unions and big box stores).
Nuremberg would not do this justice.
Please President Trump, cross the Rubicon and end this corruption.
I await your presentation to the American public on the steal.
MAGA
If not us, who? If not now, when?
wwg1wga
IMO before 6th January 2021. Maybe behind closed doors, to give the perpetrators an opportunity to concede. President’s Trump’s tweet calling for “Wild Protest” in DC on the 6th January is indeed an invitation to a celebratory party. Friends of mine are already on the road heading to DC. Worth viewing, make your own judgments. https://www.youtube.com/watch?v=gI-IKL4SudQ https://www.youtube.com/watch?v=SAJU-CTANag (worth reading the comments on the Wictor video). I have no inside sources but ask some key questions: Why are these stimulus talks in DC ongoing when Beijing Biden is being inaugurated on 20th January 2021? Especially if the Democrats steal the two… Read more »