-- 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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Pritzger is pissed off. IL taxpayers are pissed on.
Vote JB out!
Nicholas Liu, typist on behalf of Salon and the DNC, hasn’t met a DNC talking point he won’t regurgitate. Journalism really isn’t Nick’s thing. Propaganda? Sure. Some real gems from JB the Hutt simply regurgitated in the puff piece by Mr. Liu: “I’m a businessman, and I’m the first one to tell you that government shouldn’t be run like a business.” So Nick, what business is JB the Hutt referring to when he claims to be a ‘businessman’? You’d probably say ‘Hyatt Hotels’. No. That’s the business JB the Hutt’s Trust Fund is in and the source of funds magically… Read more »
We look regularly at all the left’s commentary journals — Slate, Salon, Nation, New Republic, Atlantic, Mother Jones. It’s stunning how far left and politically naive they are. They are in their own bubble.
Liu’s scribbles have more in common with Harry Sisson than Edward R. Murrow. Harry and Nick are both paid shills of the DNC, dealing in nonsensical talking points rather than realville reporting.
The echochamber left are still absolutely baffled, gobsmacked and flummoxed as to why Trump won.