-- 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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The soft bigotry of low expectations
Looks like some folks at OPRF high school misinterpreted Martin Luther King’s memorable statement of hope about not being judged by the color of your skin. At OPRF you WILL be graded by the color of your skin. I think even MLK would wretch at this nonsense.
Here is what MLK says about how progressive nonsense has degraded proud Black communities
https://www.youtube.com/watch?v=QHCSL-AKd3w