-- 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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Dumb, stupid, uniformed voters voting for their own demise. Brilliant!
It is sad & disheartening to see the once proud, successful & prosperous black family (pre civil rights era) manipulated by white marxists behind the scenes…
The predominantly Black wards in Chicago also went 90% for Kim Foxx in 2020 when a completely viable middle of the road competitor was there. Chalk this up to drone mentality and a fear of agency.
She is wildly popular because she keeps their friends and family out of jail. She allows them to seek street justice , outside of the criminal justice system, with little fear of being caught. And if they are caught, more often than not, the charges are dropped. These are high crime communities because these are the neighborhoods where criminals live. They like the soft on crime policies. It works for them.
No group exemplifies the statement that “you get the government you vote for” more than the black community…none.
Don’t complain about the situation you put yourself in.
Sheep
And they deserve all the pain and suffering from SAFE T that’s coming their way. So sad, too bad.
Putin would be proud