-- 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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Only thing inflated is Pritzker’s ego.
Not inflated? What about a person who died in a car accident and was tested post mortem and with the fake PCR test came up positive. That was not a covid death as scarf lady so often wanted to say.
I say B.S.
Sooo, they’re backtracking on their original fraud? We only misrepresented the fatalities for the greater good!
The more the elitist medical *experts* talk…
The more they show their contempt & distain for those of us with the temerity to think for ourselves….