-- 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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I’d like to read an article that tells me how many of the people who shot these 50,000 victims were: 1. Arrested, 2. Found guilty, 3. What punishment they received, and 4. How many of the victims and criminals were both Black. My guesses would be not enough, too few, less than what they deserve, and more than we want to discuss. Of course this is Illinois, so rather than actually fixing the problem, we’ll write about a new class of “the most vulnerable,” and how much more we need to spend on them than what we’re being taxed for… Read more »
Wow. What a crock of S**T!!!
Sorry about any any possible misspellings in this post. Sometimes I forget how to spell even the most simple of words correctly…
Great, a new victim class
There are a lot of gems in this article, but this is my favorite. Jenkins is 48 years old today. He was shot in 1989, which is 32 years ago. That would make Jenkins 16 years old when he was shot. He claims he had a 5 year old daughter. This means his daughter was conceived when he was 10 or 11 years old. “Jenkins, 48, was holding his then-5-year-old daughter in his arms, taking her to the store for some sweets before her first day of school, when he was shot on the North Side of Chicago in 1989.”… Read more »
Watch out Debtsor the social justice crowd will be coming for you. According to them you are now racist with those comments…or is it silence is violence? Or is it agree or we cancel you? It’s tough to keep up.. Once the Obama center is open they can send you there for your “adjustment” training.