-- 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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WGN had one of the most tone deaf takes I have ever seen on any news story. Adults sharing sex toys with minors is never OK. Ever. That’s not the story to the interns at WGN.
It’s clear that journalism is dead, particularly in Chicago.
Newsrooms all over Chicago are filled, not with reporters, but with stenographers for the interns’ favored parties (Democrats) and organizations (woke). Readers are fed a steady diet of press releases passed off as news. There are no adults left in the news business. There are no actual reporters.
Journalism is dead.
Except for Project Veritas.
Project Veritas, according to this jackass, showed “malicious intent” exposing the fact that this school is teaching kids how to use butt plugs?
Then parents overwhelmingly approved of this “educational tool” by the way…