-- 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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Dan Boland, if you are white which I assume you probably are, if you want a job move out of Illinois, they are as anti white racists as they come; delusional idiot moron losers who are about to go bankrupt and lose all their pension money which will be absolutely hilarious to watch…..go woke go broke morons LOL! Chicago will go bankrupt twice, first in 2020 during the covid plandemic fraud the government put everyone through, forcing everyone to wear dirty face diapers that did zero except speed up the killing of the people which they want, and then the… Read more »
Isn’t that kind of like when Obama’s labor secretary said, “White men dont apply.” In the Illinois libtard utopia, white men are looked at as the enemy, unless their soy levels are at 110% and are weak and stupid and willingly took the death jab and daily tell themselves they be bad just because they are white and a male and simp out to all the feminazi occultist witches of Illinois and the racist democrat party. LOL