-- 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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I weep for the children of IL stuck in the public school system.
Parents: pay attention! The garbage they are teaching your children is appalling.
Speak up and let your local boards know that you want your children taught reading, writing match, science, REAL history (not the 1619 Project), and CIVICS. The rest of what they are teaching: CRT, gender identity, and sex is out of bounds and nothing more than indoctrination and grooming.
Think about the insidiousness of what they’re doing: our educators refuse to teach the history and knowledge of native americans, but instead, focus on degeneracy to the near exclusion of all else. Kids can’t read but they know their pronouns.