-- 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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Shouldn’t the FBI be all over this?
During Obama’s tenure, the FBI’s mission was changed from crime fighting to enforcing political prosecution. No political persecution is too petty – fake nooses, peaceful J6 protests, Martha Stewart’s stock tips, Michael Flynn, the entire Trump-Russia narrative, and now parents who have the audacity to complain to school boards about trans indoctrination. The FBI is certainly not a joke – their power is very real. It’s just shameful their power is being misused against political enemies instead of against actual criminals. It’s more similar to a KGB or Stasi because the G-Men aren’t there to protect the public, they exist… Read more »
Martha is now Mrs. Cat Turd.
How about some consequences or holding looters accountable. Why do police always appear after the looting is complete? Is this by design? With all the snazzy equipment CPD has any normal person would expect they’d be on top of the looters in seconds. Maybe the hands off or let them destroy is in vogue again? Makes you wonder!