-- 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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Illinois Democrat priorities
— more dead babies
— criminals getting zero jail time
— free shit for illegals
— school kids minds filled with race hate and sexual perversion
— lining the pockets of crooked unions
— fleecing the taxpayers
— suppressing 1st and 2nd amendment rights
— driving business out of state
and most important of all
— STEALING EVERYTHING NOT NAILED DOWN