-- 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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The Sun-Times says League of Women voters is a good source for candidate info. Good grief, the league went radically left in recent years. Note at the bottom that some funding comes from the Pulitzer Center, presumably the same organization that gave Pulitzer prices to NYT for their Russian conspiracy hoax.
As I tell my students, “You have all of human knowledge in a device in your pocket. ‘I don’t know’ is not an acceptable excuse.”
Right on. What age do you teach, may I ask. We appreciate teacher input here.
Gimme, gimme, gimme, says the Sun-Times.
“ Gimme, gimme, gimme give me it all! Give me in the kitchen, give me in the hall!” 10 CC.
They’re educated as to whom butters their bread and people that vote to that end outnumber people that vote for candidates based on competence and merit, instead of handouts.