-- 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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Dulce Hogar Chicago!
Biden Dumped These Illegal Aliens In Chicago
Don’t forget that Chicago is just a quick layover stop then onto the unsuspecting burbs.
It just occurred to me. The deployment of the National Guard for the massive influx of 500+ migrants may just be cover for the excessive crime wave going on in Chicago. How would it look if he brought them in for the crime issue only? This way he is covering his a$$ and the excuse is migrants.
You’ll be excused for thinking Flounder wants to do something about crime apart from accelerate it (see the Safe-T Act).