-- 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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Because Northwestern encourages Campus participants in illegal activity to obscure identities, ALL Northwestern enrollment must be presumed to be Hamas-fan bigots with implicit bias against J-w- and C–is-i-ns.
This will be useful for Illinois personal injury lawyers who thrive on professional malpractice litigation. All clients of professionals with Northwestern pedigree who suffer adverse outcomes may be presumed victims of implicit bias and fast tracked for damage awards.