-- 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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If not racial gerrymandering, what was the guiding principle behind these obviously gerrymandered districts?
-30-
It’s not race but rather
1. the retention of incumbents;
2. the dissolution of at least 6 or more formerly republican districts.
Gotta protect Jay Hoffman and Katie Stuarts position in life folks. It isn’t racism but protection as Hoffman was beaten in his old district once and many are unhappy with Stuart’s backing of the school funding issues. Imagine if for once blacks decided not to vote Democrat for a change. Then, instead of being taken for granted by the Democrats, they might have kept their represenative districts downstate.
One district runs from very crookedly from McCormick Place by the Lake Michigan southwest to Braidwood on the Kankakee River. Lots of Cook County Dems and a smattering of farmland GOP. However, I personally may have been gerrymandered out of holy man Bobby Rush’s area. Maybe my new Rep will finally give me a holiday turkey!