-- 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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Again, the time for half measures is over. If you’re voting for someone purely on the basis that their skin color will help you to victory, you’ve compromised all of your beliefs. You’ve become the racist they say you are.
Few, if any, Republicans are voting for Irvin because he’s black, but because he’s (is/has become/always was secretly?) a very moderate Republican that has a decent shot with nine figure backing from Globalist Griffin to beat JB. Irvin supporters would be backing Bailey if Griffin had promised his backing.
Anybody but Pritzker, simply because he is absolutely awful and does not deserve another term.