-- 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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What we really need is a POTUS that enforces immigration law and appreciates border security.
The hell with the migrants. Deport them.
Last year the mayor of Des Plaines sent a mass email to residents supporting the illegal invasion and soliciting donations.
I responded, offering a donation for transportation back to where they were born.
Also suggested to Mr. Mayor that I wanted my taxes used to support citizens, specifically our veterans, elderly and disabled.
He didn’t write back; guess he wasn’t looking for a pen pal..
I have a different idea about what we really need. A new governor.
Can Chicago and Cook County citizen taxpayers get a fee waiver for our water bills and accidental red light camera tickets? After all, we are paying for these migrants too.