-- 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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This is treason. Every other issue to me is just politics. But this is treasonous to me. It’s an invasion unlike anything that’s ever existed that will cause political and racial strife for centuries to come. It’s totally unbelievable they are allowing this to happen, and there is seemingly nothing any Republican can do about it.
Nothing less than an “Invasion” by design. Why??? Best guess is Soylent Green. Half of the jumpers will work at the SG processing plants and the other half will be the product. Not sure if I should add LOL or not.
Look around at our food supply. Everyday something gets recalled. Artificial meat/droughts/pesticides/floods/GMO’d most crops/etc. Hope Soylent comes in Strawberry or Cinnamon flavors?