-- 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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Pugsley The Census Denier
How does one down-vote this? Guy is full of it…. But, hey, he is at least on high-alert for COVID-19!
Can not rent a U-Haul or any other kind of moving vehicle. People are fleeing Illinois in ever increasing numbers.
Soviet Russia had ZERO Train accidents between 1932 and 1961! Zero! The trains were safe, on time and had no issues. NOT ONE. The international reports of frequent train derailments were lies and misinformation spread by foreign adversaries who want to disparage mother Russia.
Gaslighting has become a science among leftists.
Denial isn’t just a river in Egypt.
You can live in denial of reality all you want. However you can not live in denial of the CONSEQUENCES of reality.
But ohhh so many undocumented/illegal aliens to make up the slack. Certainly the welfare offices can come up with the numbers.
The man is mentally challenged.