-- 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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Do I get any reparations if i decide i want to identify as black? I hate to do it but if i get cash fat why not?
Grifters.
Those Chicago extortionists should get one billion stiff middle fingers!
Show me da money!!
Time for everyone to get a DNA test to determine if they are eligible for reparations.
Even the communists who run U of C aren’t gonna bend over for that
Don’t be so sure. Its a wacky, wacky world we are living in, nothing is impossible or unbelievable.