-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
You assign far too much credit to the cretins who vandalize public property. Few of them know anything about the individuals depicted in these statues. That’s why they deface statues of abolitionists and those who fought for equal rights. Just as conservative press tries to tie in black hoodlums who assault Orthodox Jews in Brooklyn with some “leftist” ideology. They’re just restless, jealous, and looking for a weak victim to pound on. Does Antifa have a website? If they’re so powerful as to be orchestrating all the looting and “protests”, where does one sign up? If they’re so pervasive, how… Read more »
What about? Those who will control the future are manipulating the present to do so.
The link to the article is not working.