-- 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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Shortage of pills for treatment of those who actually need it, and would cost pennies on the dollar versus the hustlers in our governments (local and federal), who are making millions, if not billions on testing (that’s you JB), and masks from China. It doesn’t make financial sense to those who are making the decisions, mandates and oh yeah, profit off of keeping us in their sham of a ‘pandemic’
If Dementia Joe had any clue at all he would have focused on treatments and not vaccines. He hasn’t done a thing to address Covid. All the vaccines were approaching the finish line before he took office. He has managed to screw up everything he touches. It will be the supply chain and inflation that devastates the Dems come November though. And with less silliness at the polls in red states, it is going to be ugly for Brandon.
We can’t say that Obama didn’t warn us about Biden. “Don’t underestimate Joe’s ability to f**k things up,”
Obama wasn’t prescient; he was reporting on facts in evidence.