-- 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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If the folks that patronize unlicensed, untaxed , food carts lacking health inspections are so eager to risk food poisoning ( as recently happened in NYC from an empanada basement kitchen ) no one will stop them from going south either.
“Muh culture” they scream, as if, like you said, disgusting unsanitary street food somehow contributes to “Muh diversity”.
Buh-bye. You’ve overstayed your welcome, time to go back home. Probably been a while since you’ve seen your ‘other’ family back home, as most of these ‘single’ males who make their way up here know very well. They come up here and start a second family here too, then scream in immigration court that it’s inequitable to send them back home to their other family because they have family here to take care of too…