-- 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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Durban went on to say, “The United States values greatly the invaluable money-laundering operation enabled by the corrupt leadership of the Ukrainian People’s Republic. Our elites and the permanent Washington Deep State have successfully laundered tens of billions of American tax dollars over the years through NGOs and a variety of other international military causes, recycling those dollars back into the coffers of our political leadership and their paymasters. The sons of America’s most prominent political leaders including Joe Biden, Mitt Romney, John Kerry, and Nancy Pelosi all have children that have richly benefitted economically from their relationships with Ukrainian… Read more »
What do Rosa and the other Tankie city council members have to say? It’s a Commie invasion. Lemme guess…not true Communism.