-- 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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Its a nice spring break trip paid for by all of us. First Class to LA, likely a very nice hotel, meals (of course) and rented suburbans with his security team… I travel to LA often for work and it is far from inexpensive to do so, but hey, who cares, its just tax dollars…
Curious-When is the next “Big One” earthquake due to hit California? There have been many seismic events recently.
Correct headline: JB vacations in California at taxpayer cost.
Of course the satanists have to attend their satanist freemason meetings.
Is JB driving his EV out to Hollyweird? If so they can expect to see him in 3 weeks. Governor Blowhard will fit in well in that screwed up state. Hope he stays there.
Wish he stays also……He and Newscum are pretty much the same mentality