-- 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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IL Democrat EcoTards, Climate Con Artists, Green Grifters, Trying To Ban Wood Stoves — Your Barbecue Is Next
Does Kwame do anything other than virtue signal? Funny he wants to get rid of wood burning stoves (a heating method used for millions of years) while there’s also a movement to ban new natural gas hookups. Guess you’ll just freeze to death, deplorable!