-- 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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Bozo Jesse Jackson was highly critical of the race to moon. Are these clowns aware that the NA$A
push into space during the 60s resulted in up to 10 fold return in taxes from technology spawned?
When powered manned flight started only wealthy people could afford it and they had dreams of putting others into the air.
If only the POC would take responsibility for raising their children and get off the CTU plantation!
“tax billionaires who fund ten minute jaunts into space”
I was unaware that Jeff Bezos has left the free state of Florida to insanely establish tax residence in Madiganistan. Did I miss a headline?
Only in single-party Illinois would the CTU be considered anything resembling an education association. The demonstrable fascism of the previous four years was completely lost on these scholars, as are their own heartfelt desire to replicate the 1930’s Brownshirts. Zero self-awareness in the CTU.
CTU needs to be restructured to focus on education, not politics and money.
These people are just greedy nut-jobs. The only time they agree with anything is when they are getting paid.