-- Connecting the dots between our economy, government and business --
Over the last several weeks, a bomb threat caused the evacuation of a synagogue, students staged a sit-in in support of Palestinians at a local high school and someone pulled up yard signs expressing homeowners’ support for Israel. In one chaotic scene last month, two men were arrested at a pro-Palestinian rally outside a gathering of supporters of Israel at a local banquet hall. "We’re managing as best as we possibly can,” said Mayor George Van Dusen.
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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Hmm, Jake & Elwood hated Illinois Nazis but we were too welcoming. Even welcoming to those who hate America and Americans.