-- 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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The most popular attraction at Obama’s presidential library will be the “Letters I’ve Written” wing.
Obama’s man-crushes
https://notthebee.com/article/oh-man-barack-obama-said-i-make-love-to-men-daily-but-in-the-imagination-in-a-letter-to-his-ex
So the meme/joke that Michelle used to be Michael has some basis in reality, very interesting.
Manly yes — but I like it too
Imagine believing Jimmy Carter was a good president. LOL. Like I repeatedly point out, 40% of the country in 1980 surveyed the landscape of double digit inflation, a collapsing energy market, stagflation, economic malaise, and said “GIMME MORE OF THAT”.
Few people say that Jimmy Carter was a good president. But many say that he was a good ex-president.
Cripes, can you imagine an accurate bio of Joe Biden? It would probably be used for criminal evidence.