-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Almost felt bad cause I thought maybe he was stealing a loaf of bread or something to eat, didn’t realize it was hundreds of dollars of clothing.
Well, seems like the Illinois’ Dem’s “proudly progressive sanctuary state” has been getting in the news lots, lately, and not in a good way.
“State of emergency” in Chicago now, according to Lori. Gosh, ya think?
And, of course, no one has announced any kind of actionable boots on the ground plan – just lots of rah-rah and blah-blah, blame shifting, posturing and blather.
Legacy news media ignores Chicago’s bad news, while conservative news revels in it. That’s why when bad news about Chicago trickles into the progressive bubble, they get really upset and deny it, and then counterattack the reporting as an -ism. I repeatedly say that Chicago is the laughing stock for the rest of the country and the progressive are too dumb to even realize it. The rest of the nation is laughing at the DNC’s choice to choose Chicago in 2024 for the convention because they live in such a bubble they are ignorant of what is actually going on… Read more »
“We should all understand that this crisis will likely deepen before we see it get better,” Lightfoot said Tuesday. There are at least 700,000 people waiting for Title 42 to end tomorrow before they cross. Ya think, Lori?
This Is BJ The Race Clown’s Model Asylum Seeker — Already Adopting The Behavior Of A Johnson Voter
A Sancutary for criminals Lori.