-- 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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IT. IS. OVER. Freddie.
Bridge to where next in your mind?
What a load of old cobblers.
Who knows what lard boy has in store–how long is a bridge?
The bridge is as long as he wants it’s, the courts and justices in Illinois betrayed all of us during this plandemic
Get out of Illinois is the answer. Go to a state that actually knows ANYTHING.
Right now I don’t think there’s a state in the union worth a shit