-- 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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After this I hope people stop wondering why there are “food deserts” in poorer areas of big cities, and why instead of Von’s grocery stores there’s a lot of payday lenders and liquor stores where you can buy some nutritious Cheetos with a Pepsi for lunch.
Look, you people just don’t understand.
Remember the Bull’s wins in the nineties and all the shopping sprees, murder and mayhem those justified? Well this is the same thing, only now they are shopping at Macy’s
What a great way to get people to sympathize with your cause!
Shoot to kill order 1968 old man daley
Look in the mirror Chicago… This is the result of years of liberal policies and state, city, and municipal governments that have destroyed the nuclear family and provided comfort for the destruction of values, standards, and expectations. Curfew? That is an example of a society that rewards victimhood and has infantilized adulthood.