-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
The drunk driving death of Darcy Connolly-Brunner, can be laid directly at the feet of the Governor, Biden, and the Democrat party. Sickening.
I like Trump.
Crime is down if you reclassify first degree murder as abuse of a corpse. Sometimes a barrel with a dead body in it just randomly shows up in your back yard.
Nope…..progs call it a post birth abortion now!
It’s true: Chicago was safe until this stupid idea was enacted.
He says that because he knows he can afford bail.