-- 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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The problemm is there are too many stupid Americans in America. The Homeland Security Act was passed in 2002. The House overwhelmingly passed it. The vote in the Senate was ninety for including both Illinois senators Fitzgerald and Durbin.Included in that bill was the establishment of ICE. How difficult is this to comprehend?ICE is law enforcement! Or, are all these ICE protesters against law enforcement? Aren’t they the same who scream for “justice?”
Article written by Heather Schlitz. That name brings back memories.
Interesting:
other news sights, including TV ch7 stated crowd size as “hundreds”
A crowd of 10,000 is the size of who turned out for “no kings”. All the other articles state a crowd size of 100s to 1,000 for “workers over billionaires” despite all the progressive stars from brandon, stacy, randi, etc doing their speeches.
What a crock Reuters has become… this is like a press release from the democratic socialists of America…