-- 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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We need government sponsored journalism that’s just like that the old Soviet Union had. “Truth” (Pravda) I think it was called.
How about a rearranging of the headline to read ” Chicago Sun times-Hasn’t It messed with our democracy enough?”
Crocodile tears from yet another anti- American entity that wants Americans to fund it. Sound familiar?
The Sun-Times was a decent paper long ago,
Along with the American, Daily News, Trib.
Not any longer the times and Trib cowtow
To the Dumocrats and belong to “ the usual
Gang of idiots “.
I would not use them to line the bottom of
Any birdcage, it might kill the bird.
No surprise that the Sun-Times loves this horrible bill. Gimme gimme gimme. And as far as platforms like Facebook leaving in response to the bill, the bill actually prohibits that! Crazy.
Section 30. Non-retaliation.5(a) A covered platform shall not retaliate against an6eligible digital journalism provider for asserting its rights7under this Act by refusing to index content or changing the8ranking, identification, modification, branding, or placement9of the content of the eligible digital journalism provider on10the covered platform.11(b) An eligible digital journalism provider that is12retaliated against may bring a civil action against the13covered platform.