-- 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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Every time Brandon Johnson speaks , he exposes his profound ignorance.
Anybody can call for anything, I guess.
He’s on a roll! Recently saying “Law enforcement is a sickness to be eradicated,” the man is displaying incredible stupidity saying “ICE officers should be arrested.” Aren’t those two statements contradictory?
There was this thing called the civil war where states thought they could override federal authority.
That didn’t go so well.
“Those who do not study history are doomed to repeat it”
BJ needs a history lesson.
Are mayors subject to random drug tests ? If this guy isn’t on drugs he has gone off the rails
Bozo Johnson failed to recall back in August, 1946 Democratic mayor Cantrell of Athens TN ordered the unlawful seizure of ballot boxes during his re-election champaign. WW2 vets had enough and borrowed rifles as well as explosives from the local national guard armory. The violence that followed resulted in restoration of lawful government. The state governor approved the action!