-- Connecting the dots between our economy, government and business --
Rob Smith, contributor to youth conservative group Turning Point USA, disagreed with defunding police, mentioning that a policeman escorted him when he spoke on the University campus in October of last year. “As a Black man, I am repulsed by this transparent and all too obvious attempt to co-opt a movement to pursue a divisive political agenda."
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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