-- 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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I was listening to the police scanner when this happened. The cops immediately sent out an All Points Bulletin to be on the lookout for a car full of White supremacists.
Is there any other society on earth where this would be considered acceptable behavior? I mean really, where else on earth do people shoot into mourners at a memorial service? This might be a macabre distinction held by inner-city dwellers. And just exactly does a civilization ‘fix’ one of its subcultures to stop them from such ghastly brutish behavior? What root cause can we address ‘right now’ to stop this from ever happening again?
When I pointed out to a lib that all these progressive programs won’t work for people who refuse to follow civilized standards of behavior, her response was to look up civilization on Wikipedia, to prove that there are many types of civilization. “You can’t say what civilized behavior is!” she shrieked.