-- 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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It was designed for his run for higher office.
The stay at home order was designed to kill minorities. It was designed to cause depressed people to kill themselves. It was designed to make sure people couldn’t get needed medical screenings.
It was designed to destroy the economy to defeat Trump in November. And it seems to be working, unfortunately. i told you they would destroy the country to save it.