-- Connecting the dots between our economy, government and business --
Oak Park-River Forest High School teacher and Illinois socialist party leader Anthony Clark has started a "Comrades for Fred Hampton Home" GoFundMe page with a goal of $70,000.
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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This is going on all over the state to varying degrees. Home are nothing but ATM machines for all the taxing bodies regardless if you are underwater or paid off entirely.