-- 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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Robin is a joke! LOL Have fun E town with those taxes. HAHA
Blm must be destroyed by any means necessary. This is the real domestic terrorism, not the phony white supremacy mantra. And the Juneteenth holiday is a joke. They celebrated in Chicago by carjacking and killing each other.
Enabling more self-pity, via “reparations” SJW rhetoric, rather than espousing fundamental need for self-reliance (not more hand-outs and freebies) and self-improvement (education and employment) fails to productively advocate for its supposed constituency.
Evanston will rot in the toxic stew these people have created. As conditions get worse, they will blame racism as they always do. The demands will never end.