-- 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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They won’t admit it, but guns are not the problem … the culture of violence, fatherless homes, lousy schools, too many government hand outs are among the problems.
BTW, bad guys don’t follow the laws, law-abiding citizens do so who exactly are they trying to control? Criminals or law-abiding gun citizens? And, here’s the big one, WHY?
Hey round boy, save your bloviating and bullshite for people who want to hear it.