-- 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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Someone should look into fluoridated water which leeches the lead out of pipes over time. Pubmed.gov (ncbi) has many scientific studies on this subject like curse of fluorosis also Fluoride action network.org and fluoridation.com and many others. In older buildings lead solder may have been used. Maybe checking lead concentrations before coming to the structures then at the fountains would help. With all the fluoride treatments and toothpaste available there is no need to spend taxpayers money on fluoridating the water.