-- 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
Gates thought CTU’s “veil of silence” would protect her hypocritical Catholic school choice.
Sad that DeLaSalle HS administrators didn’t deny enrollment on basis of her hypocritical personal choice over her political stance advocating prohibition of both “school choice” and privately-run “charter schools”.
One thing that they CAN count on is the Pravda propaganda mainstream media hiding this story.
Sure….so did Biden with fixing that Ukrainian prosecutor and Hunter losing his laptop and gun and Crack pipe and coke and…..