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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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They’ll always apply their anti-white intersectional values to every conflict and side with the non-white actor. There’s no moral principles or code for these people to follow – they’re just about hatred of white colonialists. Israel is white, Iran is not, therefore they must support Iran no matter how awful they are. Iran has some of the highest transgender rates in the world because their force gay men to become women! But anti-white is the most important criteria when deciding who to support in a conflict, so the anti LGTBQ stuff is not important. The larger issue I have going… Read more »