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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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“…The city has a legacy, a culture, of putting black women in the position where life is harder, where they have to be silenced, to take the backseat, and this is an element of it.”
This woman is so obsessed with race and rich white men that if you took both out of the equation, she’d run out of talking points.
Like African-American Dorothy Brown? Wait, she was silent for a reason, likely the 5th amendment.
Did they spell it “Staci” and dot the i with a heart?
Who? Which rich white men are telling her what to do? Because there shouldn’t be any ‘rich’ white men in CPS earning a government salary. In this case, it’s a legit ‘rich’ short black lesbian – after a successful career as a lawyer in a big law firm – telling you what to do. She’s telling you to stop acting like a fool and take your 16%. Wait, is she talking about Jesse? He is legit rich – his wife’s father owns some major cruise line. He owns three city lots in Rogers Park with a mansion on it. He… Read more »
OMG, spelling her name wrong is racist? Wait until that council member from Oak Park hears about this.