-- 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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Don’t count on Lake County’s Democrat State’s Attorney — Kim Foxx Wannabe/Social Justice Shitbag Eric Rinehart — to put any of these catalytic converter thieves in jail
I don’t know what happened to Lake County. It turned so quickly to sheetlib blue seemingly out of nowhere, or, maybe I just wasn’t paying attention. All those AWFLs out there likely voted Republican 20 years ago, but now, they all cut their hair short, attended the Pink P&&&y Hat march, and work in my office! Hahaha