-- 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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““The decline of violence is a result of the full force of government, (blah, blah)”.
Guess here is that the “full force of government” would be that the Cook County State’s Attorney is No Longer (a George Soros supported) Kim Foxx who did nothing, but one who is actually doing the job she was elected to do.
Maybe Johnson should start complying with federal laws. Then he wouldn’t have to worry.
These people are BS artists. He’s worried about Trump…but 18 people were shot downtown over 4th of july and 4 of them were killed. But its Trumps fault. GD, when are the people who live in that City and the surrounding counties going to finally say, enough of the BS.