-- 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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The Pritzker Family has a huge financial stake in this sick business.
This is a very weird column. The Tablet Magazine is antisemitic? Good grief, it’s a Jewish publication. I have no idea whether the particular column about the Pritzkers is accurate, but The Tablet is hardly some fringe peddler of conspiracy theories. It leans right politically, but generally enjoys a solid reputation for accuracy. And the column does not show any hostility to trans adults; it’s about trans surgery for kids, which is a different matter. Europe is way ahead of us on the debate on this, and has generally moved against this kind of treatment for kids. Just this week,… Read more »
Today’s conspiracy stories keep on turning out to be true.
This one will be no exception.
There is no excuse for mutilating children into eunuchs. None. This is not care. This is child abuse.