-- 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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Yet no one calls out all that took place this summer.!!
Reason because it wasn’t them, now it is them directly affecting them.
93% of those protesters were peaceful. Don’t let the actions of the 7% define the overall peaceful protest.
The 7% was peaceful too. Property damage is not violence. That was the argument over the summer. Because they have insurance. There was no looting, no burning, no destruction. Just a bunch of Peacefully Protesting Patriots.
Lawmakers say we need serious conversations. Yes, but we will get progressive lectures that anyone who doesn’t agree with their program is a threat to America. Followed up with large doses of cancel culture or worse. There are no longer political conversations in this country. The left has decided that the truth of an idea is determined by the number of people who will vote for it. Alarmingly close to “might makes right”.
Yes, ignore the concerns about the election and just ram through the certification of the dementia patient. That won’t anger the restless population…This is Marie Antoinette type stuff here.
Libertatem Defendimus