-- 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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Drop them all off in Naperville. They have turned hard blue in the last 20 years. Time to reap the rewards.
Biden should be tarred and fethered for what he’s doing to us
At this point, I’d be happy with an impeachment, even if he’s not convicted.
But every person in the NGOs running these illegal human trafficking operations deserve to be imprisoned for the rest of their life doing hard time. Everyone from lowly revolutionary Lupita doing intakes all the way up to the big wigs at doctor without borders. Prison for all of them. Prison in El Salvador with the gang bangers. Let them reflect for the rest of their life on the misery they’ve caused the citizens of the United States.