-- 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
Dr. Journey, here’s a cartoon that perfectly sums up how people feel about your despicable racism:
Problem of Politicians. The course should teach – Where does the pols loyalty ultimately lie?
To only the voters that voted them in?
To all the voters in their district?
To the “Party”?
To the State?
To Themselves?
Not offer racist classes for a start unless they plan to offer a class on the Problem of Blackness, the Problem of Hispanicness, etc.
Skin color is an accident of birth- why all the hoopla about something over which no one has any control? Let alone offering a class to demonize a group over another?