-- 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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Old Joe brown bagged his lunch and these little darlings can too
Obesity rates in schools are correlated to free lunches in schools. CPS kids get two free meals a day and they’re most obese.
JB Pritzker’s parasitic mouthpiece squirms out from between the fat folds to parrot his master’s talking points. Covered with flakes of dead skin, waxy sweat and bits of last night’s midnight snack, know that everything that comes out of Rich Miller is Democrat Pravda propaganda.