-- 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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Here in NC, we are also “awash in guns”.
Funny it’s low crime and violence over here.
Hmmm……
The gun problem is a symptom of the lack of parenting problem which is a byproduct of liberal policies that have ensured our cultural decline…
Hey Brown! It’s more like we’re awash in bullshit!
Either he can’t see the elephant in the room or he can’t admit to seeing it.