-- 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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Too bad Iraq insurgent machine gunners didn’t have better aim — then we wouldn’t have to listen to Duckworth’s daily vomit of stupidity.
Despite what flaps out of her mouth, Duckworth isn’t the dumbest US Senator. That title is still held by Hawaii’s Mazie Hirono.
People kill people Duckie. Not guns.
Dimwit.
Tammy is really thick. Has she not heard Manchin and Sinema repeatedly say they will not support eliminating the filibuster? Does she think that will change because she said something. No one listens to her, because she is simply not very intelligent, and that is putting in mildly. Sit down, shut up and collect the check Dimwit.