-- 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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Excellent opinion piece.
Does anyone have any data on how many are seeking asylum status south of Venezuela? Brazil-Bolivia-Paraguay-Uruguay-Argentina are all south of Venezuela. Is anyone traveling there?
I’m offended. take me to a safe space now!
Least likely newspaper to print such a statement. Oak Parkers must be outraged that someone had audacity to speak the truth to this profoundly woke community. Tar and feathers being prepared.
Whoa. Spoken in Oak Park of all places.