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Actuary Mary Pat Campbell: "Wirepoints has several features, and the best part is the daily email. Wirepoints has helped give me more detail on the players, and the specific tactics being tried out so I don’t look like a complete ass from the East Coast when I write about the Midwest. So if you want to know about one of the most important incipient public finance disasters….check out Wirepoints!"
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Illinois is the laughingstock of the country. How can you call it anything but a PONZI scheme when you are paying people with current funding, that is the definition of a Ponzi scheme.
All Ponzi schemes fail in due time.
I take it you’re not an expert on this topic. If so, your view as that of a “concerned citizen” with the sort of credibility that implies—lots of rage with a dictionary-level knowledge of the term and not much else presumably. Where are a few legal eagles who have some experience in this area and can weigh forth accordingly?
Mary Pat’s generosity with her time over the years helped us immensely in learning about pensions, which wasn’t easy.
Carnival barkers. You’re both just carnival barkers.
Not sensible, thoughtful, transparent and truthful.
Like our Governor, for instance…
Love sarcasm.