-- 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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Will our electric busses be warm enough to house the migrants in -30 degree windchill weather?
With the super cold weather below zero weather here in 48 hours or so what will they do to keep warm? They came from a nice warm climate full of drugs and cartels? to a city full of drugs and gangs but frigid. Here is some news from CBS. There are over 700 comments so far.
https://www.yahoo.com/news/chicago-struggles-shelter-thousands-migrants-012000444.html
With 10,000 illegals a day lining up at the border, these Illinois politicians should be screaming for Biden and company to secure the border. Meeting to facilitate the flow of more illegals isn’t the answer. Next thing they’ll be proposing is a high speed rail system to help these soon to be homeless people. Insanity.