-- 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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This is going on in New York.
https://www.yahoo.com/news/deadly-violence-erupts-migrant-shelter-154414205.html
Fraudulent elections have consequences
By the time of the convention the City of Chicago will be lucky not to be burning. And given the number of people who are full time professional protesters, complaining about whatever perceived slight they have suffered, there will be a lot of action. Governor Blowhard will close his eyes, ignore it all and deny it was anything but great.
The local youts will join in for some wilding when the professional agitators do their thing. This convention is a formula for disaster. There will not be enough cops to quell riots at multiple locations, so look for downtown and North Michigan Avenue to be boarded up like Miami before a hurricane. Let’s hope the whole world is watching to see what rule by Democratic Socialists is really like.
They are not “full time professional protesters”, they are “paid activists”. I’ve actually seen job postings for that.
I want the whole country to experience the Dem Convention in Chicago next summer.
Is this coming to Illinois soon? Free sex change procedures for the jumpers.
https://www.yahoo.com/news/california-state-health-insurance-cover-090025570.html