-- 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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West is crazy… So, it’s not a stretch for him to stump for a guy who likely earned his time at club fed…
Drake? That’s too bad. Thought he was smarter than that. Apparently, D, it’s all in God’s plan…
In case we hadn’t yet gotten the message that criminals are to be glorified now. The more evil the criminal, the more virtuous the left feels in celebrating them.