-- 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, never, not gonna happen. Fatboy Bubblehead will make sure he personally lowers the flag at his Wisconsin farm while Mrs Bubblehead is out milking cows.
Not a day in hell will i lower my flags for this racist crap
This is backwards, lower the flag on a day of celebration? Aren’t we supposed to be celebrating emancipation?
It’s the same logic of defacing and wanting to take down monuments to Lincoln.