-- 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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I didn’t read the article by communist WBEZ, because I know it is propaganda.
Listen how WBEZ tries their best to keep Radio Pravda alive.
Yes, WBEZ/Sun-Times, the government issues propaganda. Some of what they say about ICE is propaganda and it’s right to call that out. But, wow, such hypocrisy. Where were you when the government was successfully peddling some of the most horrid propaganda in US history — on the Russia collusion hoax, Covid, the Hunter Biden laptop and so much more? You were helping peddle it. And on ICE there’s no shortage of propaganda coming from IL government and the protesters, and you sure haven’t attempted to strike a balance in your coverage. Your entire operation transparent propaganda for the left.