-- 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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These big generous sanctuary cities complain about getting a couple thousand illegals total while small less affluent towns like El Paso are getting tens of thousands daily.
Years ago the church and community organizations….and Tammany Hall helped out immigrants, and encouraged them to assimilate and become Americans.
What in the sam hell happened?
Progressives with little to no understanding of history or economics.
Stupid chickens.
Thank you, Wolf!
For years Lightweight bragged about being a sanctuary city, now she is holding dark-skinned migrant children as hostages to get even more money. What vile, despicable, gutter trash Lightweight is
“The mayors seek direct funding and the ability to transfer migrants elsewhere…”
Like maybe, back where they came from?
Hey, hey! We’d buy into that, and we don’t mean Texas.
Well the East coast establishment had a chance to house them on Martha’s Vinyard and balked.
Keep in mind that they already house the most prominent minority family in the country.
Why should they have take on any more?