-- 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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No better place to host the Democraps.
Yea Baby! Prime Beef with the hide on! Welcome to Chicago.
Get them all here, then nuke it from orbit. Only way to be certain.
And a 2fer.
I hope Chicago gets it. The socialists and tankies will seize upon the opportunity to torment the Democratic establishment. Mid-August timing ensures both temps and tempers will be running hot. Dems trying to keep law-and-order without looking like they’re trying to keep law-and-order. I mean, bring it on.
Why? To replay 1968? It makes sense though that Chicago should be held up as the best example of dem party rule.
Why these two idiots would want to bring more attention to the disaster known as Chicago is beyond me. It is the embodiment of failed liberal policies. Brought to you by the Democratic Party!
CHICAGO!
CONME FOR THE CARJACKING!
STAY FOR THE MONKEY-POX!