-- 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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DePaul puts on a very Catholic facade being the largest Catholic university. But the academic reality is they don’t follow Catholic thought or values. It’s all a big lie, what they say and what they do have no continuity. In most religious schools the curriculum is permeated around a Christian core. At DePaul they’ve thrown the church and God pretty much out the window. But they still like to lie up front about their Catholic affiliation.
The premise of Defender 2022 is similar to the original Defender, but instead of spaceships attempting to extract humans on the ground and convert them to mutants, the ships are from the university trying to convert students to social justice warriors. They are difficult to defeat, with large debt burdens as shields and quick, manic movements as they attempt to find employment with their useless Liberal Arts degree.
DePaul is as woke as it gets these days.
“Everything woke turns to chit”
-He who shall not be named