-- 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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Two papers that became loyal to the “vote for a living” population now finding out that the population they catered to won’t pay cash for their product. Those papers committed suicide and its over and done. Good riddance!
The Trib and Sun times are going down- One sided with liberal think tanks.
Once two great papers, will not even use them to wash windows!
I do like the daily herald
Daily Herald is awful, it’s as if the League of Women Voters and the Men’s Auxiliary had a newspaper and bashed anyone who wasn’t a progressive. I stopped reading the DH nearly two decades ago. Their long abandoned HQ at 90 and Arl. Hts. Rd. is a fitting image of the crap that newspaper has become.
Here’s the Daily Herald activist group masquerading as real newspaper….It’s almost as if they are the PR outlet for activist groups planning to rally and protest a 60 year old law that no one in Elk Grove Village has ever enforced…. Shouldn’t the headline be: Elk Grove Village Cleans up village code to remove outdated ordinances …..but instead, they write: Elk Grove Village plans to repeal opposite sex clothing ban 6/25/2021 “A 1961 Elk Grove Village ordinance banning people from wearing clothes “properly belonging to the opposite sex” is scheduled for repeal by the village board next Wednesday morning, heading… Read more »
The future of local journalism is funded by non-profits and foundations with a SJW agenda that will offer grants to news outlets that fit that agenda.
There are plenty of billionaires funding that mission right now….
I refuse to read any article that talks about “reimagining” anything.
“reimagine” is a word clueless “know it alls” and self-appointed “experts” who became “experts” from Facebook memes say. Because the word is meaningless it makes all their other equally clueless Facebook friends think they are geniuses. “yeah thats it, we’ll just reimagine it, what a genius”.
The Chicago media have been nothing but mouth pieces for city hall. The Tribune had nothing but disdain for their readers. My subscription died when they killed the comments. Disagreeing with the king is bad! Commenting was almost as much fun as reading SCC!
Mouthpieces for City Hall? Kass and Mark Brown had pieces this week ripping Lightfoot. She certainly has been exposed on at lot of levels-petty, vindictive, dictatorial, foul mouthed, playing the race and lesbian card. Ray Lopez, her chief critic, gets a lot of exposure. Both papers have gone after Burke, Madigan,the Daley family, and all the other indicted and convicted public officials. It’s the voters that don’t seem to pay attention. The teacher’s union is the one who gets the kid glove treatment.
Agreed.