-- 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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The guy was not chopped liver. 28th President of the United States, president of Princeton, 34th governor of New Jersey who as President founded: League of Nations · Federal Reserve · Committee on Public Information · Federal Trade Commission · War Industries Board · National Park Service · Chatham House · Nassau Club · National Advisory Committee for Aeronautics · National War Labor Board · Council of National Defense. An institution founded 30 years before the American Revolution surrenders its legacy to a transitory faculty and student body. Born in Virginia before the Civil War; educated at Princeton. NOW they don’t… Read more »
so what? Happens all the time. Ryan Field is an example.
He was a liberal scumbag anyway, so who the hell cares?
He supported the film, Birth of a Nation.