-- 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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It’s pretty crazy that this is barely reported in the news. 62 busses just to Wilmette, on their way to Chicago. Probably hundreds of other busses to towns all over the area. Why is this being ignored by the media? Where are the migrants going? Where are they staying? Who is paying for them? Why have I been reading that the shelters are being emptied? Where are they now? Why are so many on street corners begging for money? Why isn’t anyone asking questions like this?
They are sneaking them in all over the country hoping you don’t notice……..these politicians are sick and vile……..sure none of these illegals will end up nextdoor to them….remember voting is around the corner for ole joe