-- 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
Reparations, corrupt politicians using taxpayer money to buy black votes.
If they pay anything it should be as they board the plane back to Africa!
The entitlements savings would be substantial.
When your only tool is a hammer, everything looks like a nail. When your only argument is to screech racism, everything looks like racism. Brooks ain’t wrong. White liberals are the biggest racists. They believe that black people can’t survive without the white liberal’s help and programs. That is the text book definition of racism, your race is inferior to mine and you need us to help your race. The next biggest group of racists are the militant blacks, like Brandon and his ilk, who are allowed to get away with their racist acts and speech. Before you cowards who… Read more »
If you get any down votes, its the Democratic / Gov. Union goons that watch over Wirepoints. Pay them no attention.
I’m ALLin for REPERATIONS as long as the money comes from black business and a special tax on black homes
Corey serves up an absolute your face smack-down of Brando & his entire phony fluffer equity hustle entourage. Yup, Brando conveniently ONLY blames the “racist community dis-investment” in Chicago on Jim Crow type “polices from 1877 to 1963”. And NEVER on the dem machine sucken all the wealth out of communities for decades, from 60’s and on, at astronomical prices while delivering totally unaccountable crappy services..You go Corey!!! These questions entered my mind as I read the recent news that Mayor Johnson committed $500,000 toward a “Reparations Task Force to develop a Black Reparations Agenda.” His executive order states that… Read more »
Johnson’s rhetoric echoes that of the blustering, uneducated, money hungry patter of lawyer Jackie Childs on “ Seinfeld “.
Somebody please tell us how the City of Chicago benefited from slavery,