-- 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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There have been allegations that Donald Trump walked in on contestants while they were getting dressed during beauty pageants he owned, such as Miss USA and Miss Teen USA. For example, Tasha Dixon, Miss Arizona USA 2001, claimed that Trump entered the dressing room unannounced while contestants were “half-naked” during the 2001 Miss USA pageant.
In a 2005 interview with Howard Stern, Trump acknowledged that he would enter dressing rooms during pageants he owned, stating that as the owner, he was allowed to inspect the premises, even if contestants were undressed.