-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
5% of the population over 60% of the crime, who’s at fault here?
Funny way to show black and brown solidarity by choosing to live in totally separate and segregated neighborhoods.
Immigration without assimilation is an Invasion. These people do not want to be part of the existing and wonderful US culture or society, they want to change the US to match the Sh*# Hole country they came from…the US is just not going to have it. Get out.