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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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Lori is an arsonist like Rahm. Except Rahm had enough smarts not to be Caught in the collapse of the building he torched. Lori is so clumsy she’d dynamite her own home to get a sympathy vote.
“Ms. Lightfoot has shown herself to be a blunt orator and an unflinching negotiator.”
Who is this Ms. Lightfoot? Can’t be the mayor of Chicago – the mayor of Chicago is NOT an unflinching negotiator.
“Blunt?” Yup, you gotta give her that – and it isn’t an admiral trait.
Lightfoot campaign literature, printed in “tabloid-for-progressives” NYT. Sadly, NYT no longer publishes factual unbiased news and competent editorial review – ask Bari Weiss, or Glenn Greenwald. Not much to laude about Lightfoot. But with exception of Vallas, no attractive alternate candidates. NYT’s article directed at white-privileged SJW base, those w/checkbooks for campaign contributions. NYT here attempts to message to Lightfoot’s virtue-signaling progressive supporters, “vote for Lightfoot, she’s progressive!”. The progressive voter’s self-image is entirely defined by self-deluded notions of supposed intellectual superiority: “look, see, I’m a progressive, a sign-bearing SJW, a feminist and humanist and LGBTQist, a properly chastised white-privileged… Read more »
Groot has been an epic failure, but they’ll put her in again. Masochists.