-- 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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Did anybody even notice that Fermilab scientists went on strike?
The BLM infection has spread far and wide. I’ve noticed quite a few emails from companies i patronize promoting it. A bit nauseating really.
““There’s been a lot of talk about equity, diversity and inclusion, diversity committees,” Nord said. “These words have been thrown around in order to try to replace justice, in order to try to replace accountability. They have been used to prevent us from actually breaking down the white supremacy and racism and anti-blackness that are embedded within academic institutions.”” So left wing institutions, ran by loonbag left wing administrators and professors, in loonbag towns run by progressive mayors, are somehow responsible for ‘white supremacy and racism and anti-blackness’ that are embedded within academic institutions. Either this is complete… Read more »