-- 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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If you have 6 months or less to live, there’s a good chance your already dealing with hospice. Too bad they couldn’t just leave it to the pros, and stay the hell out of it. What a true bunch of satanic idiots running this state.
They can eliminate long expensive lifesaving treatments by encouraging end of life scenarios. Scary. Illinois is better than this, but it is likely JB signs it.