-- 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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These groups aren’t upset with a Columbus statue inasmuch as they are upset there is a statue representing Italian-Americans in their neighborhood.
Chicago doesn’t belong to the Italians anymore. There’s a new boss in town
The temerity of those people….
Hate to be technical, but Columbus never made it as far as the continental U.S. He stopped in the Caribbean.
This DOES NOT diminish his contribution to exploration that enabled explorers who followed to reach the North American continent.
He deserves to be acknowledged for his contributions and the statues should be returned.
It’s time that Columbus got some credit due. His can do spirit is what made America great from day 1. Columbus was probably the greatest long shot gambler in history. Just think of how unlikely it was for an Italian to talk the Catholic queen of Spain (right after they freed themselves of 500 years of Muslim rule) into lending him the money to sail to the East by sailing West. Columbus could have just as easily sailed off the edge of the earth. God had another plan and that included America. Lori, a statue of Columbus is not the… Read more »
It’s not about hating Columbus, it’s about hating the people that used to occupy a geographic place on this earth in favor of the new residents who now occupy a geographic place on the earth. The Ottamans conquered Greeks and converted the biggest most beautiful church in Constantinople into a mosque. They kicked all the native Greeks back to continental Europe – at least the ones they didn’t enslave. The Turks own Istanbul now and they removed nearly all the references to the former inhabitants. Lori is no different than Sultan Mehmed II. Lori believes people with non-white skin are… Read more »
Debtsor, Lori reminds me of a former foul mouthed “progressive” mayor of Detroit. Coleman Young was mayor for 20 years and by the time he was gone so was Detroit.
That’s no small beer. Although you wouldn’t know it today Detroit was the 4th largest city in America (behind Chicago) and had the nation’s highest per capita income.
Our only hope is that her tenure is short.
Detroit is an extreme example but for decades after its decline, Michigan sent Chicago many of its most accomplished college graduates to become doctors, consultants, law firm associates, architects, and other professionals. Are they still coming here now? What about Illinois’s graduates? over half of them leave the state now too.
Plaques should debunk the fake Marxist history that slandered Columbus
https://www.thecollegefix.com/howard-zinn-lied-about-christopher-columbus-heres-how/