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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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More victimization nonsense.
There appears to be an endless number of ways to spend resources to flagellate and fleece taxpayers. It never ends.
Division – Entitlement – Intimidation … the liberal watchwords.
If you have the wherewithal to leave, now may be an opportune time. Just say’n.
The race to win the coveted highest adversity index score begins. The award will supposedly shower benefits upon worthy recipients. In reality the benefits will be showered upon the members of the education cabal.
LOL, they can’t call minority students minorities anymore, because they are the overwhelming majority, so the term now is ‘marginalized’. This is a more insidious term because *who* exactly is marginalizing black and brown students? And how can we punish the oppressor minority that is marginalizing black and brown students? It’s like the Tutsi/Hutu thing all over again… The incompetent black and brown leaders who run the schools, the attorney general’s office, the towns, the townships, the Lt. Gov’s office, all of Chicago and Cook County..They run nearly everything….but they point at the bad white minority as the oppressors who… Read more »