-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
These guilty White Worker’s are going to have to work awfully hard and for the rest of their lives to make up for all these jobs lost due to the recent peaceful protests and the minority communities strict observation of the new Chinese Virus codes.
Just seeing what these people did to Cicero Ave and Cermak is enough to block them out of everything and eye them if they’re in town or too close to you and your family
Exactly how the Dictator for Life planned it
Good. They voted for this. They burned Chicago and Aurora and Naperville over a common street criminal. Let them suffer.
Next the mob will come burn your house.