-- 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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Rosa Parks was not a moron like Tiffany is.
Does that mean she now sit in the front of the bus going to work?
She forgot to mention that she is also Dolton’s Whitney Houstons.
Yes, maybe so, in the sense that Rosa Parks was a fake, in the sense that she was a completely astroturfed agitprop created by leftwing progressive organization. What happened to Rosa Parks wasn’t real, it was a set up. Same for Harriet Tubman’s involvement in the underground railroad, which was severely embellished.
I frequently think about that comment we always read, “If the news is this fake, what does that mean for History?” Much of history is fake too.