-- 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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A horrendous law but good on law enforcement to abiding by it, otherwise we have chaos and disintegration. The sanctuary state thing needs repealing and cooperation between police and IC to rid us of criminals is a life & death issue.
Sure it does. Protect the criminals I mean voters at all costs.
Tell JB to shove it and support removing Illegals from the state!
Careful, Anthony! You live in a state just itching to do away with LEO’s and replace the system with the People’s Tribunal for Social Justice and “ peacekeepers”. Big Boy will sling you into the hoosegow at the first opportunity.