-- 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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Since Rahm’s family is from Israel, that is the kiss of death for his nomination.
The Hamas Democrats blackballed PA Gov. Shapiro as a VP Candidate in 2024, simply for being Jewish.
Despite his visibility in Illinois, Rahm’s past jobs–Mayor, Chicago Congressman, Clinton staffer, and ambassador to Japan– have given him surprisingly little national exposure. When the national media, and voters around the country, see who this guy really is, his balloon will pop in a heartbeat. He is an obnoxious, self centered, self promoting political animal of the worst kind. He makes James Carville look like an altar boy. Both of them are prime examples of the fact that there is plenty of room in the Democrat party for crude, foul mouthed connivers.
No one wants either of the two of you.
Two words as to why Rahm cannot win:
16 shots
Dude’s kidding himself if he thinks he has a chance.