-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
The interesting part is how a lapdog media just passively buys into the narrative.
THis is the same game plan California and San Francisco used when Chinese President Xi came to visit.
Exactly, Freddy. San Francisco did something similar for Xi Jingpin’s visit. Amazing how they cleaned it up with motivation. Here’s a real good investigative piece on where Chicago will put them. https://www.thegatewaypundit.com/2024/07/bergquam-newsome-expose-chicago-holiday-inn-housing-illegal/
Out of Sight Out of Mind?
Sleight of hand, out of mind.
And the State Media dutifully regurgitates the talking points.
Journalism is dead.
Marshal Potemkin says: “Move along. Nothing to see here. Memory hole this. Pravda media suppress this. Move along.”
Not to mention Marshal Zhukov favorite
Phrase, if they don’t move, line them up and shoot them!
Beware a cocktail from comrade Molotov.