-- 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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Benghazi, Fast and Furious, Hil’s email server, Obamacare, weaponized IRS, Michelle’s school lunch initiative…..
You missed the biggest one of all: Obama’s blatant spying on the Trump campaign. The other side likes to call it a conspiracy theory, but, it clearly did happen. They were looking for evidence to put Trump in jail when he lost the election. They never thought in a million years they would have to answer to anyone for their illegal spying and surveillance of Trump’s entire campaign. Except he didn’t lose. And soon enough, some of these guys will go to jail, and there will always be an asterisk next to Obama’s name for his treasonous conduct.