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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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Can you think of anything more useless than a college professor? Maybe but the list is short. The one that comes to mind is a professor of journalism. Why not just put a sign on yourself saying “I’m a true moron.” So many theories about how the world is and so much lack of understanding about the real world. So few really usable ideas and so many really bad ones. So little ability to actually succeed in the “real world” they teach. As such, the list of professors protesting, just gave U of C administration a list for lay-offs. Of… Read more »
Even libtard Columbia College is “getting the message”: Columbia College Chicago to cut 11 programs, lay off up to 25 faculty members https://www.fox32chicago.com/news/columbia-college-chicago-cut-programs “As Columbia College Chicago faces ongoing financial challenges, the school announced Monday it will cut 11 degree programs and lay off up to 25 full-time faculty members starting in the 2025-26 school year… Starting in the fall of 2025, Columbia will no longer offer four of its undergraduate degrees: Environmental and sustainability studies American Sign Language Cultural studies Art history The school will also cut seven graduate programs: Creative writing User experience and interaction design Cinema and television producing… Read more »
Since these faculty members are used to working in a violent neighborhood, they should have no problem taking up residence in Gaza to do some teaching. Time for these geniuses to walk the walk.
Chicago area campuses aren’t far behind the mayhem in Gaza.