-- 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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You can thank that Hope and Change guy. This is the result of an ongoing Muslim crusade coordinated with inept federal migration policies
If this schite happened to a couple of Hamas supporters, the worthless Chicago media would take notice and give the story top billing.
Reminder: You can say shit here. Couldn’t talk about things like Chicago media without it.
Hmm.. let’s enable paid agitators to vilify people and then act sanctimoniously shocked when they do, says the institution of higher learning.
So sad. We never had this problem before Democrats thought it a good idea to import Muslims.