-- 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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I always thought Pilsen was Czech. Silly me.
Most Mexicans are good hard working family men. Most government workers are lazy pieces of Schmitt and only steal from the taxpayer. Chicago will get a good rebirth when they take over. Anything is better than what it is now.
Hmm, it should read the demise of Anglo Chicago….
I tried to read this but it was insufferable. It’s literally drivel. What Juan should asking himself is why these Mexicans can’t build anything themselves and rely on the immigrant labor from 100 years ago that actually built these neighborhoods, instead of just rambling on about leftist socialist politics.
I looked up the author, and he’s not unsurprisingly, in academia as a professor of history at Indiana University.
How these insane people get government jobs is beyond me, they’re all retarded idiots.