-- 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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Groot has gone completely insane. Chicago is literally burning and all she cares about is crackpot far left conspiracy theories?!?! She is clearly having a psychotic break and needs to be institutionalized.
USPS is an independent agency of the Executive Branch. So when and if the results of Nov. 3 are known, some change can be undertaken if Biden wins. Perhaps congress can put USPS somewhere else on an urgent basis. I suspect such a law would be subject to veto and 2/3 of the Senate seems a long reach in contemplating an override in the next couple weeks. No doubt making USPS a government owned enterprise had something to do with Congress not being able to manage it (a la Amtrak or VA or immigration or most other important things). Meanwhile it’s become… Read more »
Not that she should have been taken seriously before, but after the revelation that the uber hypocritical pervert Beetlejuice has outlawed protests on her street she should not be taken seriously by anyone.
It’s possible she doesn’t grasp she ran for mayor, not president. She does seem to put herself well above her fellow Chicagoans.