-- 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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We build cities in the desert where it gets hot. Living on the edge of Death Valley or in the Mojave guarantees it’s going to be very hot. Never take a look at climate data before you buy. Somebody lives in an Oven and we’re all supposed to care.
Is climate change a root cause of shootings? Lori? Your opinion matters.
Fully agree. They will craft arguments to counter inconvenient facts every time. Just wonder who wastes their time listening to these narrative spinners.
Kinda like Senator Dick Durbin who last year blamed global warming for low water in Lake Michigan, having earlier it for high water: https://wirepoints.org/global-warming-is-evaporating-the-great-lakes-and-oh-a-climate-emergency-is-causing-record-high-levels-quicktake/
The lake is just a melted glacier anyways. Its not like a 10,000 year old melted glacier is going to strictly keep to it’s historical boundaries just because humans decided to build skyscrapers along its former beach front…