-- 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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Where is La Cosa Nostra when we need them? Organized crime at least kept the independent gangsters and gousters-in-training at bay.
Kinda makes you wish the Cartels or the Russian Mafia would step up to the plate and force peace.
Lori and Sophia King and the Grant Park Advisory council gave into their allies in blm and antifa and showed their hatred for a white Italian American culture. They must lose their court case. They removed the statues after 49 cops were injured, two permanently. King and Lori are on the side of domestic Marxist terrorists like blm and antifa.