-- Connecting the dots between our economy, government and business --
"At the opening of the coming clash, all eyes are on Chicago, where the uncertainties of the city elections are proving to be a laboratory and testing ground for Democratic Party national strategy, billionaires’ ability to dominate the political field, and the left’s efforts at building institutional power.... In this electoral cycle and the next, and all to come, we must have the courage and the will to confront the bosses and their capitalist 'common sense' head on."
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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Thank you for making readers aware of this article as well of the existence of this magazine!
The authors have no idea of Hamiltonian economic theory nor understand the foundation of
of western Christian civilization! Aleksandr Solzhenitsyn warned Americans never give up
their guns and resist while there is time.
Just read the whole thing. Reads like something you would see published in a wonderful utopia like Venezuela, Cuba, Nicaragua or 1920’s Russia. I guess some people don’t read much about history to know what a philosophy like this leads to.
Death to the capitalists’ “common sense.” You gotta love these socialists.
Mark, whoever is tasked to read this drivel earns every penny of their salary. I don’t know how they get past the 2nd paragraph.
A hilarious read!! Im sure wps posting this hippster dudes socialist drivel is the greatest thing to happen to boost his blog hits…so many goofy sites, so little time!!
The article is unreadable – who’s bright idea was it to use such a light – colored font, lol…!!!
I had the same thought.