-- 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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Not surprised from an outfit that refused, with a few exceptions, to admit the senility of their chosen candidate for president.
Speak only upon commandment!
Yeah, if only the didn’t punish those who speak their mind, like… I dunno, the Libertarian Party maybe? Can’t think of any other major parties that don’t punish those who don’t tow the line.
Give me one example of the Republican Party – not the voters – but the party itself punishing politicians who don’t tow the line.
Punishment can be done either covertly or overtly and comes in varying degrees as well as numerous ways. It can quickly become a murky concept in debate as surely you know. If pressure is brought to bear the person receiving it likely will think of it as punishment even if others don’t see it that way. Yes, there are all kinds of degrees and types of it.
this is classic democrat projection