-- 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 I’m not mistaken all public school teachers and most public union employees will have the day off (with pay?) on election day. Which means most or all of them are Democrats. Soon they will probably make it illegal to vote if you are with another party.
It’s not the candidates they care about it’s the ballot initiative of repealing the flat tax. 100% mail in ballot will be wildly in favor of tax hikes vs in person voting
Who cares. IL electoral votes were already being counted for Biden anyway.
Fraud !
The Reds are going to steal this election at all costs