-- Connecting the dots between our economy, government and business --
Mark and Ted sit down with Tom Bevan, founder of popular news and information aggregator RealClear to discuss changes in the media landscape, media censorship and more.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
I wanted to love this. But while lots of great questions were asked, Mr. Bevan’s answers amounted to little more than a detailed restatement and agreement that it was a great question. I didn’t hear a single answer. Like you, I am open-minded and willing to consider multiple opinions. Unfortunately, with the playing field so skewed, I’m not sure any of us have that luxury right now. Dante’s Inferno Canto 3 talks about those who refuse to take a side.