-- 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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I m pretty damn sure being a CIS White male with any enter Right convictions at Northwestern Law School must be the same as being a CIS , White make at Lucas Films, Disney MCU under the tyranny of Kathleen Kennedy . I made the huge mistake of earning an MBA from Stern New York University supposedly the #1 MBA program in the USA …. NOT! The place is dominated , terrorized by extremely bitter , woke LGBT and other mostly Leftist cult Marxist women . I tried to keep my sane , center right views to myself , but… Read more »
So sad. When Old Joe attended MSU in the late 70’s Northwestern was known as an elite school with a bad Big Ten football team. Now it’s a wokey high priced student loan mill.
Still the bad football team. The Chicago area has a Big 10 team in our backyard, and NO ONE CARES. Which is so different than most states that can pack 100,000 people into a college football stadium even for a bad team.
Like I’ve been saying for years (Sorry Mark!): Northwestern is trash, a garbage school, and arguably, it’s closest rival, Loyola, with students with slightly lower SAT scores, are smarter and brighter.
Still sane Red States like Tennessee should announce they will no longer accept graduates from Northwestern and other Woke Leftist Law and other grad schools to work as lawyers in their states