-- 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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All universities need to stop all racism, including anti Semitism
only took about 10 years for DePaul to realize they were a hotbed of antisemitism
As if DePaul didn’t have enough crime already on its campus.
Funny how they, Loyola, Northwestern et al wouldn’t allow police to pursue muggers and gropers on campus, but now want help cleaning up their liberal messes. Stew in your blue cesspool folks, you built it.