-- 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
An unending parade of democraps have destroyed the Land of Lincoln, a Republican..
Another article today at http://www.naturalnews.com entitled. Looting has turned parts of Chicago’s south side into a food desert by Arsenio Toledo. Chicago has been trashed by politicians for years and now also looters. WTTW had a reporter on the other day saying that looters were using U Hauls down around 95th.
Ted brings common sense. Where is the political will for reform?
Raise Taxes on the Honest Poor Hardworking Taxpayer.
Raise pay for all government employees.
Raise Pension payments for the young retirees.
Illinois ” Land of Slavery”