-- 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 don’t want to trivialize this obviously indescribably horrific murder, but this crime was clearly committed by a completely insane and mentally ill individual. The guy just looks crazy, has no obvious connect to either Israel or Palestine, and afterwards he acted just like a crazy person would by just sitting down and not doing anything to cover up his obvious crimes. Everyone, on both sides, is blowing this way out of proportion, with the Biden’s DOJ now getting involved, and acting like this is some insane epidemic of anti-muslim hate. It is not. It is a crazy person who… Read more »