-- 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.. three SJWs, two previously connected to da machine and one former teacher. Sounds like an unbiased and fair group to me.
The CTU/Brandon entire press conference is well worth listening to. I don’t agree but he does a great job dishing out the CTU dogma— with the Black man being attacked by racist forces, community disinvestment, etc, etc routine. If one didn’t know one would think Chicago is 80% Black, instead of 29%. He endlessly blames all the CPS/Chicago fiscal mess on racist Chicago past disinvestment. Of course nothing on the crazy $30gs per students spent, highest paid majority white teachers in country, etc, etc. Nothing on where all the COVID $ went. He keeps stating “that we can all agree… Read more »
I’ll give this a listen tomorrow during my hurry up and wait portion of my day. One thing though we’ve repeatedly pointed out is that Brandon likes pointing out that the black people are in charge now and like you said he’s running the city like it’s 80% black, instead of 29%, the smallest of the three minorities.
Not one real entrepreneur or successful business person on the list… Just like BO, these are grifters and organizers…
I must admit watching this place burn down is becoming more amusing and unbelievable by the day… Who knew Idiocracy was a call to action and not a cautionary tale.
Same here. I thought it would be bad but I underestimated the damage that BJ could do. I won’t say it’s fun to watch, but relief to be gone from Chicago and IL