-- 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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Trump should immediately ban all flights in an out of China, as well as all incoming flights from Chinese airlines.
WTF is he waiting for?
UK Researcher Predicts Over 250,000 Chinese Will Have Coronavirus In Ten Days
https://www.zerohedge.com/geopolitical/uk-researcher-predicts-over-250000-people-china-will-have-coronavirus-ten-days
It starts out as Coronavirus then onto Schlitzvirus then Meister Brauvirus. Then then hard stuff like Absolutvirus and Jackvirus. Then the worst of all. The Pensionvirus which we all will pay for dearly unless we move out of Illinois. Then CURED!! by renting a U-Haul Truck.