-- 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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Free speech means that even despicable speech is allowed
Fake News Fraud Shit-Rag ‘Chicago Magazine’ Offers A Screed About The Conservative Wards In Chicago — INCLUDING A VILE ANTI-SEMITIC DOG-WHISTLE RANT AGAINST THE 50TH WARD’S JEWISH ALDERMAN, AND HER ORTHODOX JEWISH SUPPORTERS – Chicago Magazine
Well, duh! Because, like communism, leftist policies go against human nature, and are so unpopular, that they can only be kept in place under by force. For example, covid policies were really unpopular in many places because they didn’t work: wearing masks that didn’t work, closing down public places didn’t stop the spread, forced vaccinations that didn’t stop transmission. The only way to keep these policies going is to censor, stifle speech, cancel people, threaten them with arrest or loss of their freedom or job.