-- 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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Why not make newborns able to vote? After all dead people have been voting for years.
Most 16 year olds can read or write or do math so how will they be able to read a ballot? Maybe have pictures on the ballot.
I hear that Mrs. O’Leary and her cow are still voting. Also Father Marquette.
To Illinois educated school children it is all about recognizing the letter “D” in the voting booth as things like reading and math are unimportant.