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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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Right on, Brother Corey!
However, you wrote “…far too many of us were seduced by post-’60s liberalism.”
Actually, black people were seduced by the 60s’ welfare. President Lyndon Johnson (a Democrat) championed welfare, reportedly saying “I’ll have those n*ggers voting Democratic for 200 years”
I would suggest to the Wire Points community to tune in to AM1690 and hear the message that Mr. Brooks is talking about; it’s pure Marxism. The Black Community has been the target of the communists Ideological Subversion going back to the 20’s. It will take generations to unwind the evil that’s been taught, and is still taught to them. Sad.
Corey Brooks for Mayor. Or Governor. Or both, doesn’t matter. Wherever this man goes he leaves behind a trail of truth, common sense, hard work and success.
Reverend Brook’s comment “schools that wave failing students through.” really hit home with me. This is an all racial inclusive thing here in Illinois that must be addressed. I live in what is considered to be a high rated Illinois school district, yet only half of the students meet standards. It irks me when we applaud the educators that have half of their students not meeting standards that are always excused by the usual whataboutisms rather than looking at the system itself. Will the parents ever wake up and listen to what Brook’s and others are saying? We will know… Read more »
You can bet Cory Brooks conservative Black prospective would never appear in the Chicago lib press monoculture of ST/WBEZ, WTTW, etc. (maybe in trib.?) Embarrassing this excellent essay is published in national WSJ only.
Outstanding message from the Reverend. And thanks, Wirepoints, for putting it front and center on your website.