-- 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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Here’s a must-read article interviewing Freeman Dyson, a Princeton physicist, about global warming science. http://blog.nj.com/njv_paul_mulshine/2013/04/climatologists_are_no_einstein.html
I love the way that Economist article put it,which is that earth turns out to be more “insensitive” to carbon pollution. The planet is too insensitive, so it hasn’t cooperated with the warming scare!
The libs will never give up on this. No matter what new facts emerge on the science, the left is all-in on carbon reduction no matter how many billions get wasted.