-- 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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Vaccine hesitancy from that party whose leaders said they would not take a vaccine developed under Trump. Anyone who wanted to get vaccinated could have by now. They used the pandemic to effectively to win an election. These “leaders” need to wake up and realize that it’s over. People are starting to realize that this is nothing more than bs to continue their scams. Ramp up effective treatments instead of rationing them. Let everyone live their lives.
This is hilarious! I thought it was a weaselzippers story. Conducting field hearings! Boondoggle. Malcom X College? What’s wrong with Hyatt? Must be new guys!
She means the 360 cases a day in a city of nearly three million people?