-- 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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Another Democrat vote fraud scam
I would like to know why all these illegal jumpers do not seek out help in the U.S. Embassy in their own countries before they travel a long,perilous journey to our country. Every country they come from has an Embassy or Consulate general where they can start the process of asylum or legal entry. That’s why those U.S. institutions are there. Get vetted there and fill out the necessary paperwork.