-- 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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The trough is running low now that FJB is out of office and they are nervous. Wouldn’t you think they have the votes for the next election in the bag? Or at least in the suitcase under the table? Or in the van around the corner from the polling place?
Democrats will have enough legal votes that they won’t need to cheat.
All states need to be redistricted according to population of legal S citizens and be geometric in appearance. District should not determined by race or political party affiliation. US citizens are not being represented by the current gerrymandered districts. And proof of citizenship should be mandatory to be counted in the census. IL districts should be declared illegal.
Once again, it’s OK if Democrats gerrymander after census redistricting. But not OK for Republicans to gerrymander during non-redistricting years. Unless of course, Republicans threaten to redistrict, then it’s OK for Democrats to redistrict during non-redistricting years to counter what Republicans theoretically might do. See how that works? Ok ok?