-- 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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That is how Democrats, Communists and Socialist’s operate.
Sue, sue, sue!
Let’s see if we can wake a few people up here. Why are possible treatments/cures being attacked (HCQ)? How do you keep people living in fear? How do you keep people divided? How do you justify vote-by-mail? How do you justify state bailouts? How do you make people grow more dependent on government? How do you create a diversion from Obamagate? How do you shift the narrative? How do you kill POTUS economic gains? How do you kill POTUS unemployment record? How do you prevent POTUS rallies? How do you delay US-China trade negotiation (prevent, fix, clawback billions)? How do… Read more »