-- 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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There’s no cracks in the immigration system. The system works just fine. The problems with the immigration arise exclusively out of Biden’s intentional policy of funding NGOs to drive migration and the catch and release of anyone who crosses over…I’ve heard half of them aren’t even given asylum court dates. They’re just released into the country to…disappear….
When Old Joe was a kid growing up in Detroit in the 60s Spanish was an elective. Yes, you could study it but you weren’t forced to live it let alone be taxed to pay for it.
THIS is what they mean when they say ‘the system is broken’ – that they aren’t able to hand out legal status to every Tomek, Dinesh, and Jesus who tap dances across the border.
What an absolutely ignorant man. How sad.
Chuy: always a day late and a peso short.
More worse? Well done Chuy, well done!
Worse-er-er?