-- 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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The point of this story is? Who is paying attention!
COVID is now a virus of the vaxxed
Well we may be better off iglf he’s unable to “work” for a while.
Well he finally did something, though catching Covid isn’t much of an accomplishment. Hope and prayers for a speedy recovery.
He called US soldiers Nazis, so there’s that.
He has accomplished a lot of the illegals. Americans, not so much