-- 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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“Racial equity would be achieved if one’s racial identity no longer predicts one’s success,” says the report. Think about that. Asians are more successful than the rest of us by pretty much every measure. That can only be the result of inequity — that’s the logical implication of this madness.
Do they even ponder the words and what they imply/mean when they publish this drivel?
I think not.
Equity Fund = more free stuff to the entitled (ghetto)
Crooked And Corrupt Cook County Democrat Boss Wants All County Decisions To Be MADE — Illegally — Based On Race