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.
I am going to add her to my list of the top 10 reasons to leave Chicago.
Don’t forget, when asked how the CTU proposed paying for all its demands, Ms. Davis Gates simply replied (on television) “rich people.” When asked for clarification, she simply repeated it.
We used to have the Peter Principle. That was small potatoes compared to what’s come after Regents of the University of California v. Bakke. After a generation of race-based hiring and promotion, “reality” is painfully obvious yet no one is allowed to notice. Do not expect to see brilliance from the terminally dull-witted.
She brings “passion ” to the fight. Um, right, that’s like bringing “passion” to the fight against the machine Terminator in the movie. What she’s fighting are the underwater numbers on the balance sheet that is sinking in $12 billion unfunded pension liabilities. Bad pension math is unforgiving and doesn’t care about the kids.
Tut-tut. Passion is like “coming together,” “raising awareness,” and all the other platitudinous terms and phrases used by foxes to teach the hens. These days, watching “The News” is nauseating in large part because of all of these kinds of idiocy on display.
Indeed. Just listen for the buzzworthy phrases. I’d suggest making a drinking game out of it, but that would be advocating alcohol poisoning.
Check out the tsunami of buzzwords in the debriefing after an asbestos disaster in Philly Schools.
https://thenotebook.org/articles/2019/10/10/wilkerson-on-ben-franklin-watershed-moment-means-board-hite-must-do-better/
I wish she would have spoken more about what the CTU learned from its Venezuela trip. You’d think a reporter from the Hardest Working Paper in the City would have asked that as part of the interview, but when the interview is little more than a pro-union commercial I guess things like fawning over muderous socialist dictators doesn’t get asked about