-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Nope, and the same answer probably applies for the President, too. “Nice try, but no cigar” on that thought.
If Dictator for Life Jabba releases a convict too soon and that convict commits a crime, then Dictator for Life Jabba is responsible and liable, isn’t he?
That’s the way its supposed to work.
But since the criminals are supposed to all be staying at home, shouldn’t there be less crime?
The criminals are supposed to be at home but they went to Florida
If the murder victims had the virus, I wonder how Illinois will classify the cause of death.
Some of the consequences of this hideous policy are consistent with illegal immigration and sanctuary city overreach. Its shameful and in need of the highest scrutiny from our reps. One can place themselves in the victims shoes and it should be damn obvious which side you’re on.