-- 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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BIG Issue nobody is reporting:
Abbott Labs baby formula plant disaster, overseen by FDA, lays waste to nonsense claims that “only USA-produced pharmaceutical products” are “safe” enough for US consumers…thus excusing the US Government-Enforced monopoly and monosomy on pharma-product manufacture/distribution/price-fixing.
Why aren’t consumer-groups, conservative voters, and any American in a human body who may now or in the future need to buy a drug SCREAMING at Federal Government to allow US citizens to purchase IDENTICAL drugs at prices often 90% LOWER in other countries????
This writer attempts to set the facts on deaths between covid and legionaries diseases, not to mention who might be to blame. What a shameful disrespect for the people and the families of those who have passed. Let me say the Lack of Leadership governor JB was in charge during these deaths (no matter what the cause), 35,000 covid deaths, murders and shootings from violence, drug overdose and poison deaths, under his watch! What has JB done and what is the point of this article?
The point of the article? To cover for Pritzker’s mismanagement on all levels. Typical NPR/WBEZ “reporting.”