-- 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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Let’s start by filling the Alderman’s and neighbors houses first
Say that to any democrat voter or liberal and the stumbling, bumbling, mumbling response is always the same, um, er, aahh.
I love it when 2nd generation immigrants try to tell me, a native going back 400 years, what is and isn’t American. These immigrants are the colonizers, invading land belonging to someone else.
Absolutely astonishing! After the mess that this has become, you still have Virtue Signaling Politicians spouting this nonsense. Amazing.
and even more astonishing is that these politicians get reelected
Chicago needs more illegals like it needs more carjackers