-- 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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Renaming is more woke nonsense.
Viewing history through a contemporary lens unfairly tarnishes historic accomplishments.
Rewriting history is a fool’s game.
Rewriting brings about Year Zero.
I’m actually a bird fan myself. Did you know that Dodos are abundant in Chicago?
Didn’t know you’re a birder. You should download the Merlin Bird App on your phone. It’s a free app from Cornell that identifies birds by their calls, don’t even need a connection to the internet because it downloads the samples. Game changing app, there’s nothing else really like it.
Yes, it’s fun! Merlin is an amazing tool for this casual birder.