-- 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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Nothing new here move on
What percentage have an iPhone, laptop, gaming system, cable TV and/or or entertainment subscription packages and high speed internet?
Do they spend more time on aforementioned electronc entertainment or homework?
Watched Winsome Sears’ post-election LT Gov speech; she has excellent potential for national political career ahead of her as a personable and likeable straight-talking POC woman Republican. WSJ editorial this week skewered “progressives” for being elitist racists beneath their polished veneer of fake empathy and false concern for “the masses”. Article noted the double-speaking “do as I say, not as I do” policies of Woke politicians and their pretend-progressive wealthy sponsors and college-educated SJW-espousing liberal constituency. It’s easy to be “progressive” when you’re otherwise isolated from realities of your progressive politics: million-dollar+ home w/electronic security, private schools for the kids,… Read more »
Do not forget- All democrat states and cities!!!
Congratulations Randi Weingarten and the entire education establishment in the US. You have managed to create a permanent underclass while pretending to be the champions for the very people you have hurt. All this during 60 yrs when we have invested about $20 trillion to lift these people up. It wasn’t easy to completely squander this opportunity, but you have managed to do it.
Oh, and a shout-out to your partners in the Democratic party who helped you do it.
and of course for weingarten/ comrade sharkey and his crew, the absolute flop of vastly overprice public education and lack of choice in black communities could never-ever-never possibly have anything to do with astronomical crime, astronomical incarceration rates, collapses of 2 parent families, etc in black communities.
I knew someone who helped a case worker who said that a mom will get more money if single than she would if married. If there was an adult male in the home who could be the father they would come back when she was alone. Also heard one person bring that up a while back at a Sen Stadelman town hall meeting. That is one reason for so many single moms. If I’m not mistaken the fathers name does not have to be on the birth certificate. Two state reps a few years back presented a bill that the… Read more »
I have more than a passing familiarity with the benefits and child support system. In order to get welfare benefits the recipient is required by federal law to turn in the name of baby daddy, and the state government must chase down the father to prove paternity and collect support. Under state law, the name on the birth certificate doesn’t legally establish the father, it is just a presumption, as is being married at time of the marriage. The only ways to establish paternity in IL is by a judicial or administrative determination (most of the time via DNA or… Read more »
This is the legislation on what I was referring to from 2016
https://chicagoist.com/2016/02/20/lawmakers_file_legislation_that_wou.php