-- 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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As I’ve said, the great replacement isn’t replacing whites. It replaces african-americans because the illegals have a homicide rate 80% lower than the african-american community they are replacing.
I always say it is not a skin color thing but rather a culture thing and these immigrants seem to be proving my point.
It is absolutely culture. As shown by some latin american countries have really high homicide rates while others have very low rates. The illegal immigrants are moving into cheap african-american neighborhoods and taking them for their own. Visually the neighborhoods are marginally improved – more taco shops and corner bodegas, and fewer pop-up churches and liquor stores. The homes are still dilapidated and run down and cars are all jalopies. The real difference is behind the scenes with crime. The crime rates are a fraction of the african-american neighborhoods and the community doesn’t tolerate as many roving bands of teens… Read more »