-- 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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What about cities like El Paso? The Gateway Pundit has a good article on what they are going through and according to someone on Twitter the buses coming north are full of people with respiratory illnesses like TB and Covid.
If you feed a stray cat, that cat will always show up at your door looking for another free meal. The trick to get rid of them is to stop feeding them. The same tactic will work with the illegal invaders crossing our borders. Stop feeding them and housing them with our taxpayer dollars. They will leave and go back to the places they used to call home.
They’ll keep coming even if we stop giving them free stuff. People have been coming here since Jamestown or earlier looking to escape their problems at home. We need to build a literally wall and deport as many of them as we can.
I was hoping for Chicago to get at least 1000 per week, so 200 per day makes me happy…!!!
Let’s hope for 150,000 delivered to the doors of the democrat national convention. Make it happen, Gov Abbot!