-- 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 really wish the old burnouts that really know nothing about the situation when questioned as to what they think they are accomplishing would stay home like old people used to. We never missed a Sunday at grandmas house because she was out carrying some sign with a stupid slogan scrawled on it by a SJW with a fifth grade education while sporting aqua hair and a nose ring. These people and their empty lives need to quit disrupting others that still have a purpose for living.
“No Brains” would be more appropriate.
Grantifa rolls out their walkers in a desperate attempt to relive their youth!
Obama Closes Out WTF Podcast
Obama is a pompous clown. Guess he forgot about this CNN story fawning over him from 2012: “What’s clear is that the liberals speaking out don’t want a president, they want a king. Albeit a liberal king – but still a king, who would be unrestrained by Congress as well as the checks and balances enshrined in our Constitution. These disenchanted liberals apparently wanted Obama – upon taking office – to have instantly transformed every campaign promise into law by the simple wave of a pen. Or maybe they would have preferred Obama to have walked out onto a White… Read more »
The mostly peaceful G Floyd protests and COVID were my last straws along with 60 plus inhospitable winters. With family, I still visit a little, but much happier since moving to SW Florida. The nearly daily protests from free Palestine, to reparations, to Black lives matter, defund the police and No Kings is just too much!
Good article.
No Kings: The Lunatics Are Running The Asylum