-- 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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Katie gets the company of angels and serenity in knowing that she was sacrificed to enable another “ spark of divinity “ to “ seek a better life for himself and his family “. Throw these enabling a holes and their pet criminals out now. People are sick of them and you, Dems!
In Illinois Katie gets nothing but dead. And her father gets the rest of his life with a huge hole in it. Illinois Pols don’t care. Never did. They care about their power, maintaining it and thereby securing their immutable right in Illinois to steal your money. If you think there is anything else, you’re a useful idiot.