-- 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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Listen Linda, Listen, you are not listening to me Linda….. Democrats are god’s and they have all rights and responsibilities and you cannot question them Linda and if you do they will scream, shout, fall down, chain themselves to a building or destroy a city and you must sit back and allow them to do this because they are always freaking right do you not understand this principle LINDA?
Lawmakers have the absolute right to change the system to suit them and the courts have no legal standing to challenge. Sounds about right for a progressive/ socialist/ communist government.
Well, of course! Because why bother with pesky things like fairness and consistency in election laws when you can just change them whenever it suits your political agenda?
Such hubris the supermajority Democrat have. 50/ 50 chance the IL ‘High Court’ embarrasses itself for politics. No integrity of any sort in IL it seems.
Emanual Welch is a charter member of the
“ usual gang of idiots “ and as such can be
A horses a.. whenever he and El Gordo wish
To be. Nothing to see here move along.
Mark-Who are these people advertising making extra money using our names? I don’t put up those kinds of links. They are just spamming us.
Everybody should understand that sites like this, with open comment sections, get bombarded with hundreds of spams per day. The spam software caches most of it, sometimes too much. We do our best to catch what gets through that shouldn’t as soon as we can. It is no small task. Best to let us know fast when you see problem.