-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
What a worthless article. She claims she was groped by fans, that sucks, definitely need to make sure that doesn’t happen. but this?: “Former team members told the Daily they were prohibited from wearing braids to games — a popular and meaningful style for Black women — and separated from each other at events.’ This is discrimination? Could white women wear braids but black women not able to wear braids? Is there is valid reason why no one can’t wear braids? For safety maybe? Who knows why ? Who cares why! Discrimination must be found everywhere, even where it doesn’t… Read more »