-- Connecting the dots between our economy, government and business --
University of Chicago students staged a sit-in at the admissions office last month, demanding transparency around the university’s investments and its complete divestment from companies that send weapons to Israel. After several hours, twenty-six students and two faculty members were arrested. Student Jenin Alharithi said that UIC has one of the largest Palestinian, Muslim, and Arab student populations in the U.S., and she feels a particular responsibility to mobilize against the university’s investment, calling it “vital to the national student movement.”
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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