-- 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
The linked report also says: President Donald Trump ordered in September to designate a decentralized movement known as antifa as a domestic terrorist organization. Short for “anti-fascists,” antifa is not a single organization but rather an umbrella term for far-left-leaning militant groups that confront or resist neo-Nazis and white supremacists at demonstrations. So the article recites as truth (not even “some say” or “alleged”) that antifa is “decentralized” (which is ABC denying national coordination in a cute way), and that they only resist “neo-Nazis and white supremacists at demonstrations.” Antifa demonstrates against, and perpetrates bodily injury and property damage against,… Read more »
ABC is such crap. Their “reporting” insinuates (because they talked with only leftist nut jobs) that maybe ICE shot at themselves to make the story follow their interests…schmucks.
If their life is threatened, the agents will shoot back. And they don’t miss.
This was bound to happen sooner or later, given how hard JB and Brandon have tried to bring it about.