-- 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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Oh, but you’re okay with antifa and blm blocking roads….
You mean the ‘mainly peaceful protests’ versus the peaceful trucker convoy? Hmmm. I fully expect history is going to judge harshly these last few years, Hysteria, coercion, poor leadership, lies, overreach, demigods, hypocrisy, _______ (Fill in the blanks with your favorite abuse.) Always keep in mind that the ISP works at the direction of the powers that be – ISP does NOT set their own policy. They’re directed by the same folks who decide whether or not we and our kids wear masks, can dine indoors, can attend an event, have autonomy over our bodies, etc. Old cure: “May you… Read more »