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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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Russia should send election monitors to the USA, their elections are not as corrupt as ours.
District boundaries in political maps (U.S. Representative district, State Representative district, etc.) which do not closely correlate with for instance municipal boundaries make press coverage too difficult. The result is for instance a U.S. Representative district overlapping too many municipalities, and vice versa. So for example two U.S. Representative Districts might overlap various portions of one village, for no good reason other than to benefit the political party drawing the map. So the local newspaper reporter tasked with covering Federal politics would have to report on two U.S. Representatives, as opposed to one U.S. Representative. Moving down to State Representative… Read more »
The thing you mentioned, called “newspaper”, what is it? Also, “reporter” must be something from history where they found some bones under the city.
Most people get their political news from CNN, Fox, Facebook, blogs, and YouTube. Getting local information on-line will not happen until someone discovers a business model that works.
The principle applies regardless of where one obtains their news.