-- 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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I wonder how many “revruns” and “community activists” got their hands in this pot of gold.
https://anncoulter.com/2019/05/15/these-are-real-high-crimes/ “Contrary to the image of potheads as peaceful stoners, “cannabis-dependent psychotic patients were four times as likely to be violent,” Alex Berenson writes in his magnificent new book, Tell Your Children: The Truth About Marijuana, Mental Illness, and Violence. “No other factor was nearly as important. Alcohol use, which was common among the patients, made no difference.” So where are all the marijuana-induced murders? As Berenson says, they’re hiding in plain sight. But until you’re told about the cannabis-psychosis link, you don’t even notice. Crime reporters don’t want to look uncool by asking about the perp’s marijuana use, and, inasmuch as… Read more »
In other news, every violent criminal drank water prior to the crime. Water drinking correlates 100% to violent criminals. Tell your children about the risk of drinking water.
Water is a “gateway” to a life of violence and criminal behavior.
Well so far those programs aren’t very effective.