-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
It is fair to question whether State-sponsored services can or will be rendered objectively by Jew-hating American KlanNazis. Will medical professionals be able to render objective care to patients who are not willing to hate Jews, if the medical professionals’ fealty is pledged to Hamas? This is an argument fresh in all minds today, as Caucasian policemen are assumed, by evidence of skin color, to be a threat to those without similar paint jobs who have dealings with police. Medical care has similar powers of life&death, and ability to restrict a body’s liberty. Medical care is rationed by the State,… Read more »