-- 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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One thing the Trump/Musk examination of the USAID budget exposed was just how these NGOs function as political slush funds.
“Solar development” What a joke. Ralphie is back again! Part of the much overrated and inbred ‘executive director’ class of wannabe political animal, Ralphie agitates for higher taxes and more borrowing to finance government spending increases. Ralphie has never met a government appropriation he didn’t immediately swoon over and simply spills his latte when any government outlay is even threatened with curtailment. Ralphis is a firm believer that bureaucrats will spend your money better than you can. According to Ralphie’s 990 form from 2022, his NGO ‘.org’ pays him almost $90k a year to agitate for more spending and higher… Read more »
Great news!
Cut cut cut
Big picture dem macine game plan—as the ARPA-COVID “free stuff” $bucks$ gravey train goes bye-bye, blame it on Trump
With out profit, there would be no Non-profits.