-- 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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$6,000 for a black student. $4,000 for a Hispanic student, nothing for a white or asian student. Didn’t we outlaw paying for humans of color in 1865? And you people claim that Illinois is not a slave state. It looks like it is the only one left in the Union. I don’t know if California and New York have achieved that status yet, but they are probably close behind.
Hello ACLU?
Rev. Martin Luther King would be appalled – he had a dream that people would be judged on the content of their character, not the color of their skin.
His dream made sense then; makes sense now.
That beautiful dream has been destroyed by the media, race hustlers, academics, politicians, and gullible citizens.
Wake up, folks!
Seems terribly racist, but that’s the point. They want to drive white people out of the state, and turn it into Venezuela.