-- 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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Prostitution is not a career choice for women. No one grows up thinking “Hmm, I’d like to become a prostitute when I grow up.” Prostitution dehumanizes women and is a form of slavery. You have to wonder why an elected official thinks it’s okay to treat women as a commodity and that the government needs to make a little cash off it.
The human traffickers the political animals have been protecting grin and salivate.
Studies I have read show it will increase human trafficking.