-- 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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I heard a gun on the radio who claimed there is specific intelligence warning that Venezuelan gangs are organized and planning on making moves into the US, and they’re going to bring cartel violence to US cities, and local law enforcement, and the FBI is totally unprepared, because they’re too busy putting abortion protesters and J6 rioters in jail.
Don’t forget they are checking on our social media to see what we say about FJB
He said that when he had seen his reflection in a mirror.