-- 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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Commission! Harump!
The worst cyber attacks are not the ones that attack our electric grid, or water, or gas, or air traffic, or cloud data. The worst cyber attacks are the ones that sway the minds of low-intelligence voters. The ones that suppress speech. The ones that spread propaganda. The ones that pump false ballots into an election. And most of those things are happening from enemies within. I really don’t care if Russia cyber attacks the electric grid or any other physical network, that’s easy to fix/stop. But when the minds of Americans are fed narratives that destroy the fabric of… Read more »
Right on, Rick. This is a dark age for journalism, aided by the censors in big tech. Democracy is consequently not functioning.
They cant even keep the Unemployment Site up and running during COVID and JB the joker igoing to establish a Cyber Security Commission, Boy, Cookie and Bozo are going to be busy this year
What a joke, jb announces cyber security commission but can’t release the unemployment fraud #s??
Were they hacked? Stolen out from under him? Maybe that’s why he’s established yet another pork barrel commission?