-- 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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The picture depicts noted Dim Bulb Raja attempting to deflect his vote for a massive tax hike on all earners at all levels. The gent on the right is clenching, whether that’s his left fist in rage or some other orifice remains unclear.
Who-da thunk, 4-5 dem machine candidates running on the anti DJT platform? and not on what a total disaster Illinois is currently and was before DJT?
Meanwhile some republicans are running you never heard of and never will.
For old geezers like me with no life, lately I’ve been listening to Long9studio/ Smoke Filled Room youtube….they do a good job talking about how hopeless Illinois republican party is (https://www.youtube.com/watch?v=1O2GKjKeRZc&list=PLwRPwqlfuioFDwNS0qJIFZUJZJUld87gN)
So, to ensure my simple mind read this correctly, elected reps are touring the country talking to people about their desire, the people I mean, to continue to receive free shit. Arguably, in defense of giving people at least the same, or maybe more, free shit. And, this is okay in the mind of the average Democrat voter? Creating a society, or at least a strata of society, that is COMPLETELY reliant on tax dollar funded freebies is acceptable? How is that consistent with the values we hold as Americans? As an aside, not meant as an ad hominem slight,… Read more »