-- 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 believe that reading this dribble has considerably decreased my IQ.
So true. I take on the painful task of looking regularly at all the main lefty commentary sites like Nation, Slate, Salon, Mother Jones, New Republic, Atlantic to see if anything relevant to IL to link to here. “Thinkers” on the left apparently like them. IMO, they are breathtakingly stupid. I can only hope that’s apparent from what we post.
Subjected myself to reading the above… Wow, talk about vacuous – nothing in it of substance.
The author stokes fear of MAGAAAAAA without ever specifying what is so objectionable.
The vote was a decisive demand for change. It should be our goal to return to discussion… debate… civil conversations to try to find a middle…
Hahahaha, That will never happen as the fascists on the left cannot win in that forum.
Crazy times.
This son of Stalin has the fever, bad. Unmentioned is the fact that the pink hats crowd said nada about Clintons sexual exploitation of women while they were persecuting others for the same thing. Also conveniently forgotten are the loss of lives and property in the Floyd riots. If this Marxist thinks JB Moneybags really cares about the “ power to the people “ crowd other than as a means to propel him into the WH, he’s dumber than the article suggests.
Freedom state by state to free the people from tyrannical rule, blue to red.
Go Trump!!!