-- 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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—*if the disaster — DETERMINED BY THE GOVERNOR — lasts longer, the Act also grants the state’s chief executive another 30 days, and so on, until the emergency no longer exists, at the governor’s determination.*—
He’s using *corrupted* science to justify his over reach…
“over reach…”?
I think that the word “usurpation” is a much more accurate way to describe his actions.
“…as the mayor says the anti-racism protests were simply too large to disperse.” She is absolutely correct. If you people want any respect from Democratic Party elected officials you are going to have to “peacefully” get into the streets in much, much larger numbers. By the way, it wouldn’t hurt to encourage your “peaceful protesters” to take the opportunity to show their support for the 2nd Amendment at the same time by bringing a few of their larger guns along. I can not possibly imagine what would impress Democratic Party leadership more than a “Million Man March” with each and… Read more »