-- 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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Shtbgs thinking there some statute of limitations for their devilment. Remember there’s no statute of limitations on public opinion. You’ll be vilified until death and long after into the thereafter.
They are only moderating their socialist progressive BS because of the backlash. They’ll continue to de-emphasize law and order at every opportunity. They’ll just be less obvious about it.
Funny actually as the liberals finally get a taste of what they have been forcing upon others.
I kinda chuckled when Lightford was carjacked after she signed onto a defund/police reform bill. Karma…..