-- 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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Loyola and DePaul are beholden to their Moslem students.
The Jesuits are evil Marxists in collars. They will fold like a cheap card table and bend at the knee to the intolerant mental disordered liberal cabal.
“ Coalition for the blah, blah, blah.. “ another Soros dark money group, bet it. Tired of The People’s Socialist Workers Party Union Committee raising their ugly head every time the wind changes direction.
What’s left to invest in if you follow ESG policies and avoid fossil fuels, tobacco companies, companies with some military contracts, companies that deal with Israel, and other progressive no no’s? Your ROI is going to be quite small if you rule out all the companies you politically disagree with.
Loyola rejected the hard working B+, 1150 SAT natives in favor of the C+, 950 SAT scoring foreigners, and they all hate joos. ‘Inclusion’ is not a value, it’s self-destruction.
But, oh that basketball team! Colleges are now places to be feed for the NBA and NFL. Education , not so much.