-- 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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Gee, can I have a ticket to Fort Lauderdale? No? Oh, that’s right…I am just a citizen.
Illinois has a free stuff bonanza for the immigrants but Texas and Florida?
Massive incoming snow storm next week, if the models are to be believed this far out. How many Central Americans have ever seen snow?
Followed by a massive split in the polar vortex leading to colder temperatures in some places in the US more than 30 and up to 50 degrees below normal!
Will a warming tent be enough to keep illegal aliens warm during a cold, cold January? I think there is an unfortunate humanitarian disaster on the horizon…
This crisis has reached the point of absurdity. You are now free to move about the country. Southwest Airlines has a new commercial in the works. Can somebody please wake Joe and tell him to close the border.
Unbalievable, now poor CTU/Brandon’s under attack from “raggedy” mayor Adams…it’s obviously part of the systemic plot to create chaos in city’s run by mayor’s of color!!