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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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More fear mongering propaganda by PIGSTER . Stirring the pot because he can’t and won’t control criminals in Illinois. Sticking with protecting criminals and illegals over citizens.
By all means let’s not deter the sideshows, drunken brawls and machete attacks that have occurred at this event and others like it in the past. People want a parade of souped up cars honking their horns, playing music at an ear splitting volume and people shooting off fireworks at each other around 10 pm.
We’re is this fool coming up with this scenario, we’re is his information coming from who, absolutely nobody it is completely fabricated and without concern. Pritzker is becoming the fear monger of the Midwest for no good reason and people of Hispanic descent are actually believing him and his talking dummy sidekick Brandon. I actually see with all his false misinformation that he knows his political aspirations for the White House are all but dead and now he is resulting to full blown Marxism at all cost. What is most irritating is that Pritzker or Brandon are not being challenged… Read more »