-- 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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CPS should be handing out Kevlar not laptops.
Kevlar stops rounds but laptops buy Colombian marching powder
Or eliminating the problem
Local attack against students? Wow! Who are these foreign invaders attacking our valedictorians? Where did these invaders come from? Who is attacking them?
My god, the nonsense Block Club Chicago prints. They live in a world of make-believe. These students are shooting at themselves over petty disputes because CPS schools prepare them so poorly for the future, they only live for the here and now.