-- 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 fourth reich shut down our public schools a year ago as part of the covid coup and we must take them back and expel the foundation moles denying our right to an in person education
Every empire becomes stupid and senile just before its demise. EVERY empire, without exception, whether its political, military, financial, commercial or in education. Higher “education” has now reached this stage. It will trigger its own collapse because smart, talented, innovative people WILL NEVER SUBMIT TO GROUPTHINK BULLSHIITT They will find another way; they always do. Just look at history. When the Ottoman Turks choked off trade between Europe and the Far East, Europeans responded by sending explorers west across the Atlantic. Over time, this massively shifted the balance of power away from the Turks When the English blockaded the continent… Read more »