-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Exactly, world cultures should be important when teaching. Except that I don’t think it means what they think it means. Let’s make sure that when teaching arabic, students learn to use all the cultural and idiomic references to Allah and Mohamed sprinkled throughout the language; or when learning mandarin, make sure we teach them pinyin(romanization of chinese sounds rather than characters), which is how Chinese are learning their own language. Let’s also teach the cultural deference to never say ANYTHING bad about the communist government, or else you disappear for a while. My favorite though is spanish world culture –… Read more »