-- 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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These individuals will get manufacturing jobs and start paying on pensioner’s homes in Florida.
How about a ticket to where they came from … and I don’t mean Texas.
DEPORTATION!
A tax increase to “help” pay for this humanitarian crisis. Your “fair”share of course. The next shoe to drop will making instruction in English optional in CPS. Obviously, more Spanish speaking teachers will need to be hired and no current CTU member needs to worry about losing their job.
What’s Next? They will be shipped to the suburbs.
That’s already happening: Elk Grove Village, Burr Ridge, Des Plaiines … and likely more that haven’t hit MSM.