-- 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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Go figure these criminals want to ban and legislate more. Lol well. Looks like we will have more money for them to steal in taxes
The Springfield scientist have spoken, I mean the Springfield communist they want to control every aspect of our lives.
Bring it on Nanny State Democrats!!!! Please please please before November elections. The voter backlash will make Toni Taxwinkle’s soda pop tax look like a Gummi Bear birthday party.
No more Taste the Rainbow in Illinois.