-- 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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Get your ICU bed now! Avoid future regret and disappointment!
This is just your daily dose of fear mongering…
Another misleading story…
Hospitals strive for 80+% ICU use…
If you are in serious shape & in dire need of an ICU bed, trust me they will find one for you, especially if you have good insurance…
But that doesn’t really have that fear factor they like to promote…
It’s all doom & gloom *the sky is falling* 24/7…
The public is tired of it and has moved on. The shills in local media keep trying to stoke the flames of fear, but few believe it and even fewer care.
What % is for covid? I thought I read 30 something the other day. Why did Prtizker take ICU beds offline last year? Probably not good either to fire health care workers over a vax mandate that Biden said he would put in place. I’m just so tired of it all.
Me too. This is all on Freddie and his corrupted colleagues.
Two years in. Billions handed to the state, then this happens.
Shame on them all. Illinoisans have died because of the Government’s failure to provide basic support. Criminal. There will be Justice.
Let 2022 and God be their judge.