-- 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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Johnson is a blatant racist, in my opinion.
I believe the right has accepted the civil war, federal law overrules state law.
In the end BJ and JB will loss a state vs federal law.
We are almost to the point that we don’t even have to listen to and talk about Brandon any longer. His buffoonery has worn thin, and the total lack of substance in any of his gibberish does not warrant a response. Let’s just move on to another topic until the guy evaporates from politics.