-- 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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So much for the defenders of ‘Democracy’.
The chumbolones have spoken. Biden is their guy.
Give credit where credit is due — for Quigley sticking to his guns on the. Most Congressional Dems were saying they wanted Biden out in private, some in public, but they’ve snapped back into line.
The Dems used old Dementia Joe to defeat Trump in 2020. It was the only way to make the whole scam feasible. Crazy Bernie, Lieawatha, Cackling Kamala and the rest of the gang weren’t believable candidates, so they queued up old Dementia Joe, who was already demonstrating clear signs of incapacitation. Of course the Biden family syndicate was only too happy to have Joe do his weekend at Bernie’s routine, and they rang the cash register every day since. They got oh so close to pulling it off again, but alas, Joe couldn’t keep his sh!t together for 90 minutes… Read more »
Great comment, from start to finish.