-- 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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All Pritzker is doing is running a popularity contest he just doesn’t realize the permanent damage he is inflicting on the good people of Illinois. It seems his attention is on only 2 class of people, black and brown, this is not a like me please contest Pritzker you are playing with people’s lives eventually you will pay for your malfeasance you smiling fool.
The permanent damage IS the point. I’m just not saying this, but people like him hate America and they hate this country, and they are actively trying to destroy it, and bring about their own version of utopia, where they are in charge, and they can put their knee on the neck of any white dissident who resists their power. It all goes back to the anarcho-tyranny aspect of IL/Chicago policy – whether intentional or not – as they let car jackers run free while at the same time permitting abortions for everyone all the time.