-- 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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Folks, the 2nd Amendment is there 24/7 when the police are hours away. Remember your metal American Express card. Don’t leave home without it!
LOL, Kim Foxx will put you in jail for life for exercising your 2nd Amendment right! She’ll put you in front of a jury of 12 Democrats who will say that you didn’t need to shoot the criminal, all he wanted was your wallet, or all he wanted was your car, or you should have let him take your girlfriend’s innocence. There’s no need to get violent and shoot anyone when all the perp, with the gun pointed at your head, all he wanted was your property. Do you believe a jury of southsiders is going to acquit a rich… Read more »