-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Suck it up, Buttercup! Illinois and Chicago are sanctuary locations. You advertise it, you wear it.
They should send more daily and then maybe you’ll appreciate the mess this whole thing has created in the border states.
It’s an INVASION and should be handled as such.
Bug-Eyed Bonehead Virtue Signaled For Years About Illegals — Now She Is Getting Them — So She Needs To STFU
Lori, eat your words… Sanctuary baby!
Honestly, the idea that the states closest and most impacted by the moronic policies of the left should bear the burden is laughable.
Lightfoot, Pritzy, grow up.
Lightfoot and Adams claim this is a “manufactured” and allude to Abbott as the source of the crisis. They’re half right, it is a manufactured crisis, manufactured by Joe Biden and his fellow Democrats.
They’re too dumb to look to the root cause.
I understand from the evening news that the Administration is blaming Republicans for the border crisis – due to their inaction on immigration reform.
WTH? The sad part is there are citizens who will agree … it’s all Trump’s and conservatives’ fault.
Start bussing the Chitty of Chicago Criminals to Colorado. There is no shortage of them. Make a deal with the bus company for round trips for their busses.
By criminals do you mean city council?
I think he means rappers. They send us migrants, we send them rappers.
These racist, white supremacist, xenophobes Adams and Lightweight must be stopped! Colorado, Texas and Florida should double the number of migrants sent to these 2 sanctuary cities
Colorado might be a “welcoming state” but Chicago is a proud sanctuary city.
Choke on it you oblivious fools!
Geez, Lori. I guess there is a definite limit to how “welcoming” you want to be, eh?