-- 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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Another communist overreach into peoples lives. Since when does the state of Illinois care about peoples health? Illinois legislators sanction the murder of babies in the womb.
By the way DO NOT SIGN UP FOR ORGAN DONATION!
What? Eat healthy so you can donate better organs?
Someone should warn Alexi that cannabis is a lot stronger now.
Alexi is completely insane if he’s tying food additives to organ donations.