-- 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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Next time I’m in Broadview I’m going to ask a cop where’s a nice donut shop with comfy chairs . Seems like where they spend most of their time
“ We shoot back! Joe is gone!” would be my retort were I an ICE agent in what would admittedly be a very short deployment .
The violent left. Arrest, charge, and convict violent protesters. This is not a peaceful protest.