-- 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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This is a complete violation of the doctrine of separation of church and state. There is no rise in temperatures, sea levels, or storm activity versus normal numbers for all three. The only place any of that occurs is in computer modeling. That these models always predict dire consequences is no surprise. Since the actual temperature records refuse to comply with their alarmism, the alarmists keep moving the goal post further into the future, instead of looking at the veracity of their calculations that are not even close to reality. The solution is always socialist central planning schemes that history… Read more »
Another unfunded mental disordered liberal mandate designed to indoctrinate students in the religion of Mother Earth.