-- 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 part of the Chicago resurgence its pols are claiming.
Parts of Chicago are dreadfully short of stores to loot. These ‘shoplifting deserts’ disproportionately affect low income and BIPOC shoplifters who should have an equal opportunity to shoplift. Conehead the Mayorbarian can bring equity and diversity to the shoplifters with his new grab-n-go taxpayer funded grocery stores.
Later on, annoyed shoplifters will decry the Soviet-style empty shelves putting yet another roadblock in the way to the shoplifting utopia that Conehead craves so much.
I quote da mayor” youngins are only funnin”, end quote.
“ Unauthorized possession of merchandise “ is not a crime, per the Marxists.
Where do food deserts come from? Does global warming cause it? Should we irigate Mariano’s?
Only fools wait in line to pay. Shop lifting is much quicker than paying.
Stealing is wrong, LS. You shouldn’t joke about sinning like that.