-- 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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Freedom of speech is a thing of the past, just ask Trump.
JUST HAD A COMMENT CENSORED YOUTUBE (ALSO HERE):
“Comment censored, regarding METOO hypocrisy relative to Israeli women’s rapes by Hamas.”
A variant of classic “Dump-And-Pump” scheme (create political policies which crater asset values, then use insider leverage to buy-up busted-out assets for insiders’ benefits at borrowed-pennies-on-the -dollar during dead-of-the-afternoon closed-access/non competitive bidding sessions,, then revert policies to those which favor fair-value assets): Destroy social-justice activist policies which get traction by: 1. Let them run, gain traction. 2. Discredit them by their own hypocrisy. 3. Revert to policies which ignore the kernels of truth which gave rise to original social-justice activism. Example: The Hill METOO is willing to die on: It is OK with METOO for Hamas penises to be forcefully… Read more »
Everyone is talking about Russian interference in this year’s election. Not much talk about Iranian interference.
This summer is gonna be LIT in Chicago. Literally. So excited to watch the Left eat itself.
Sounds great.
The negative thumb guy they pay must not be up yet, but soon.
His thumb and four fingers are busy right now as he is getting excited while trolling this site and eating Cheetos at the same time and wonders why his Johnson is orange.