-- 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’m against the merger because the last thing we need is to do is give large corporations more control over the food supply. There’s too much oligopoly power over virtually every industry, from internet search, to social media, to hearing aids, to beef and chicken suppliers, even into such obscure areas as coat hangers. And industry insiders believe the Marianos will all be rebranded in Jewels anyway.
The comment that “All Chicago communities deserve thriving food ecosystems with multiple food access points that provide nourishing and culturally resonant food.” is complete nonsense.
There was a food desert article a while back about a new store opening. They showed a picture and the customer’s cart was filled with soda and chips. They cry about healthy options but don’t understand there’s very limited demand for healthy options.
Exactly. There is very little demand for healthy options. The major reason for this, as I’ve described before, is that most households in these neighborhoods don’t cook food. In these areas, all of the children receive free breakfast and lunch at school, and mom has to put together a quick dinner – often fast food or easily prepared processed food for kids. Single men in the neighborhood, aren’t cooking much at all, and eat a lot of fast food, which is evidenced by the large number of thriving locally owned fast friend food joints in these areas, ie Harolds, J&J,… Read more »
Also if you look at the photos of people in food desert areas in Chicago none of them look like they are starving. Remember the kid in Africa who is starving with the flies around his head? There were many commercials about giving donations. Not sure which one was asking. How many kids and people look like that in Chicago? Most of the food eaten is loaded with salt and sugar devoid of any real nutrition. Most of the parents are obese and not starving with their ribs showing. Food stamps should be for food not soda and chips and… Read more »
Then open up your city funded, I mean taxpayer funded gimme that grocery stores.
And cry about “ food deserts “ when they fail miserably.