-- 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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When language that she used towards the President is used and she is insulting to aldermen–why would a business want to stay in Chicago.
Hercules was a mythical, powerful white Roman man-god, derived from the mythical, powerful white Greek god Heracles. How can she use a word this like to describe repairing and fixing up black and brown neighborhoods? How incredibly racist to use such a word with such awful white supremacist word in relation to oppressed folks. Doesn’t she see the racism in that? What is wrong with you, Lori? Why are you using racist English words with a 3, 000 year history of racist white supremacy?
Play stupid games, win stupid prizes.
Cause and effect, Ms. Mayor. Either you don’t get it and you’re a moron, or you understand completely and are just a liar.