-- 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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I suspect these colleges took bail out money (PPP) last year with conditions attached; that they follow any Government mandates including vaccines.
One could argue students will vote with their feet, and admissions plummet but Beijing Biden can then print more money to bail them out again.
This is an emergency auth jab.
It can not be mandated when there has not been enough testing.
Go ahead and be the test cases.
No child of mine will go to those colleges.