-- 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
WORST SPEECH I EVER HEARD……….ESPECIALLY SINCE HE SWORE TO UNITE THE COUNTRY AFTER HE WAS SWORN IN!! HE HAS DONE NOTHING FOR ANYONE IN THIS COUNTRY EXCEPT FOR HIMSELF AND THE ILLEGALS!!
Using the term illegal was the only truthful thing old Dementia Joe said in his entire speech.
The correct phrase is Criminal Illegal Alien. Anything else is Pravda propaganda lies and a slap in the face of legal immigrants. Deport them all now.