-- 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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Check out today’s article at Mercola .com. Dr.Ezike is featured at minute 13 in the documentary about Covid. Very informative!
https://articles.mercola.com/sites/articles/archive/2022/03/12/planet-lockdown-documentary.aspx
This is item #1 on my Do Not Care list
She was in a tough spot and smart to leave. Policy decisions were taken out of her hands and she was expected to ratify political decisions. There was (and remains) inadequate real knowledge about C19 on which to base effective policy decisions. The governor and other political leaders felt compelled to be seen to “do something” although there was no knowledge base to logically or scientifically guide wise policy decision making. The political imperative was for taking “strong” measures not because the measures were good or wise policy but because if catastrophe followed inaction or tepid action, the governor and… Read more »