-- 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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Claudine Gay and Clarence Thomas appear to have benefited from affirmative action. Dick Cheney got into Yale because, in 1959, there was a movement for geographical diversity. Cheney partied with the football team and flunked out. Prez. Gay and Prof./Sen. Liz presumably leveraged their ancestors’ minority status to grab their brass (gold?) rings. LBJ and JFK apparently rigged votes in Texas. Ronald Reagan was a union organizer and Dick Nixon played Joe McCarthy to beat Helen Douglas in 1950 and parlayed that to VP and President. Who thinks Pritzker belongs in Springfield or D.C.? Diogenes’ search continues.
Non-working link a true fact. Concur.
Fixed it: https://www.newsweek.com/claudine-gay-why-i-never-checked-black-box-opinion-1851411#:~:text=By%20checking%20the%20%22black%22%20box%2C%20I%20was%20being%20asked,redemption%20through%20higher%20enrollment%20numbers.
Article link doesn’t work