-- 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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Budweiser, Target, Disney,…how many more corporations who bowed to the race hustlers and alphabet mafia will see their sales evaporate? Will they ever learn? When will the shareholders demand an end to these costly, useless, and ultimately destructive initiatives that inevitably end up destroying share value? The left loved Warren Buffett when he expressed admiration for the empty suit that is Obama. Would they still smile glowingly at the Sage of Omaha if they knew that he has said repeatedly that DEI is a fad and serves absolutely no purpose in business operations or in the interest of shareholders? DEI… Read more »
In blue states, they don’t have Attorney Generals, they have Social Justice Warriors. Kwame wears that title proudly.
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Legally Illiterate Illinois Attorney General Kwame Raoul Can’t Understand That Race Quotas Are Illegal
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He’s trying his best to maintain the racial spoils system.