-- 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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Chicago media is the only city pumping him up. Here’s very little news about him. Maybe he’s the dark horse candidate but I doubt it.
Toilets?
The Squad, that is Tlaib and Jayapal, have signaled that they will not accept a Jewish VP, such as Shapiro of Pennsylvania and also Pritzker. Red states would be a problem. JB, a man’s gotta know his limitations.
Dems are anti Semitic. But one of JBs biggest problem is vote fraud. He’s trying to keep republicans an Kennedy off the ballots, registering Illegals to vote by not asking citizen status