-- 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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Well, the good news is that JB-n-Kwame, et al, tell us that the SafeT act is going to fix this sort of think right up.
Right…..
Of course, if JB and his progressive posse announced that the sun was going to continue to come up in the East, I’d move my morning sun window-shades to the West side of the house.
Imagine that, a hardened violent offender out and about plying his trade on innocent, unsuspecting citizens. I hope Lil Kim, Judge Tim and Bumbling Brandon can explain how this happened. Oh yeah, I forgot, the 3 stooges don’t explain nuttin!
It’s difficult to accept, but they don’t care that felons are released to attack innocent unsuspecting citizens. Social justice overrides any of your racist concerns about habitual repeat offenders terrorizing neighborhoods.
They really don’t care, they don’t answer to anyone and they’ll never be voted out of office. Black people love them!
It will get worse when Democrat purge law goes into effect this month