-- 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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So where are we at so far? Pritzker has imposed so many coved mandates I have lost count. He is introducing laws where private landowners will have to yield to State alternative energy mandates and now the gun issue that is an attack on the American Constitution. Pritzker is a tyrant and thanks to voter complacency seemingly will continue on the path of Illinois destruction. Look in the mirror voters…you caused this.
2,500,000 Democrat voters don’t see any problem with this. It’s only the 1,700,000 conservatives with a problem. And the goal of the 2,500,000 Democrat voters is to either imprison the deplorables or force them to leave the state. Democrats have turned the machinery of the state against you, the deplorable.
Rigged voting machines also contribute to Pritzker’s win.