-- 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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So why doesn’t Hamas just return the hostages and stop fighting? There’s your cease fire.
Further, since “Palestinian” is just a made up designation that is meaningless, who really cares that a corporate employee who wasn’t following corporate policy got fired? That happens everyday in the business world.
Like the since discredited BLM and METOO movements, the newest batch of aggrieved get together, stomp their feet and cry to gain some temporary attention and success. Soon, the novelty wears off and it’s back to business until the next fringe group takes center stage for their “ 15 minutes of fame.” .