-- 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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Round Boy has an obligation to uphold his oath of office which included upholding the Constitution. Maybe he should take some time and read it and then try to comprehend it.
The gall he has saying that the sheriffs have taken an oath while he ignores his own.
Pritzker is recognizing the limits of his power, that even as a billionaire governor of a failing state, not everyone is going to respect his unconstitutional decisions.
If JB ran a small south american or african country with an army at his disposal, he’d totally be one of those dictators who silences aka kills and locks away his political opponents. He’d send in his goons to silence and destroy anyone who opposes him, like a Stalin or Pol Pot. This guy has no business being anywhere near power because because his first inclination is to abuse it.
That has been confirmed by his never ending Emergency declarations where his communist buddies in the Illinois State house willingly roll over and allow him to continue. Round boy fancies himself a dictator.
Lol – there’s no better expert on political grandstanding.
Resist the fat man’s tyranny!
Do not comply! Resist wherever and however you can!