-- 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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Hopefully more of these rip-off institutions close.
Good Riddance.
Oberlin college, a liberal trash dump, has been ordered to pay $31 million to local bakery that they falsely accused of all sorts of racist and homophobic activities. They lied, they lost, SHOW ME THE MONEY!!!!! Liberal tears are a beautiful thing.
First of many to close in the near future. Here is an article linked by that dingbat D r u d g e about smaller regional public colleges everywhere are struggling to fill seats in a good economy. The article focuses specifically on Pennsylvania. Of course the author glosses over the issue of massive amounts of debt needed to attend one of these regional universities, blames Republicans for not spending enough money on dying colleges, and completely ignores that the said white students who would otherwise attend don’t want four years of being told how bad white people and how… Read more »
It will be replaced by the new Woke College where everything and anything is considered Woke. Get you PhD in Woke because it’s in vogue now and the wave of the future.
Woke College where you can rewrite history to whatever makes you feel good.