-- Connecting the dots between our economy, government and business --
“From the beginning of the day to the end of our office hours, there was screaming,” pediatrician John Kahler said, comparing the devastated landscape to pictures he'd seen of Europe after World War II. The team saw crowded tents and rubble where bakeries used to be. “I know the world is violent … [but] this is the first I've ever really experienced the inhumanity that man can have at another man.”
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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By the time the Germans had had Nazism bombed out of their psyche, 200,000 German citizens were dead.