-- 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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So if you’re a white person born in South Africa of South African parents who are white are you then considered an African-American and entitled to all of the Affirmative Action advantages?
FYI – Elon Musk falls into that category.
LOL white South Africans are colonizing genociders stealing land from the natives. Sure, the Boers believe they have a right to live in South Africa, having lived there for 400 years, and most of southern Africa during the age of expansion so was desolate and empty, that many Boers didn’t even come into contact with the natives for decades after their first arrival. But that’s irrelevant. Even if the South African ‘natives’ themselves are 85% Bantu, who themselves about 1,000 years ago migrated out of West Africa and brutally genocided all other tribes in their way as they conquered most… Read more »