-- 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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LOL they’re not violent (yet) they just destroy your day-to-day quality of life.
But as I’ve repeated said here, urban Democrat leaders are replacing their shooty and murdery African-American voters with a less shooty, less murdery Latinx demographic. The Great Replacement is happening, but it’s not replacing you, whitey, it’s replacing the Black. Between abortion, murder and now importation of new voters, the Black community is under assault from all sides and from within.
And the Black community doesn’t even realize how they were used for decades