-- 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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Does the documentary give the names of the real estate firms, the bankers and the property owners of some of the worst tenement slum housing in Douglass Park or Near West Side? Because that would be far more enlightening than another white people bad fluff piece. Our grandparents knew who the real enemy was and that’s who they were really getting away from.
Completely ignored in this article, and probably the documentary, is that YOUR RACIST ANCESTORS weren’t as much racist as they were ANTI-CRIME, as they for the most part accepted assimilated immigrants of all races. The purpose of documentaries like this to shame you, whitey, for the ‘sins’ of your ancestors who built Chicago, and because of their sins, you no longer own this city, whitey. It’s been well documented, but not spoken about in polite company, that neighbors that quickly desegregated, and become majority African-American as part of the great migration, turned into violent hellholes where the new residents would… Read more »
In retrospect, what happened to these neighborhoods with the mass migration from the south is similar to what is happening today with Latin America migrating in the United States. Their showing up in neighborhoods with no means, into communities ill-equiped financially and emotionally to handle the massive social problems, and social disruptions caused by the mass migration, with not enough housing or resources to go around for everyone, and then violence breaks out and people move. THEN YOU and YOUR ANCESTORS are called vile racists for not wanting to see your communities destroyed. Just like then, as it is now,… Read more »