-- 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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I always underestimate the abject Stupidity and pathological evil behavior from the demoncrats.
This is so outrageous, stand up like men Illinois lawmakers and admit it has to do with one thing and one thing only, these thugs punks etc are all a reflection of there parents and upbringing period. Stop the blame game and finger pointing, point the fingers at the right group of people the parents.
What do you mean? Banning young people from watching Trevor and Michael on GTA won’t stop the carjackings? This idea is so laughable that I don’t feel guilty chuckling. As you say, parents just might have something to do with this?