-- 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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Simply put , GIVE THEM NOTHING!
There aren’t any Native American casinos in Illinois.
I was unaware that Illinois was a slave holding state. How many slaves were indentured in Illinois? Anybody know?
Haven’t you learned by now? If you are white, you are an oppressor. No other facts are relevant in their thinking.
None of my ancestors were here during any time when slavery was allowed. On top of that nobody in my family history ever owned anybody. My mother side came to the USA and worked as coal miners in southern Illinois. My fathers side were laborers and my grandmother was a seamstress 6 days a week, 10hrs a day. Never owned their own home and never accepted one handout from the govt even during the Great Depression. Why should I as their descendant pay anybody for something I, and none of my ancestors, had nothing to do with? In my opinion,… Read more »
The perpetual victim class will never be satisfied.