-- 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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Branden ranting like Max Schreck! Yeeeee Ultra Maga! Ice cream for all, free cheese on Tuesday!
Seniors are voting in large numbers, and inflation and crime are what they care about. Will it be enough to throw out the supporters of drag queen bingo? One can only hope.
Biden in suburbs is triage because the suburbs are back on the brink of going Red.
How does that 14D-3R gerrymander look now?
They’re all dummies, complete morons.