-- 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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Let’s face it.Illinois is a public school state. Day after day, year after year, parents willingly turn their children over to be indoctrinated in subservience to the state, to learn the moral values, ad indeed almost all their values from the state as opposed to their actual parents. . Although the term has a bastardized modern,perverse connotation (see footnote) in effect parents who send their children to public schools are cuckold parents of the State. Think of it, they bear the cost and burden of supporting children, children that are not really children of the parents but children of The… Read more »
etymology not entomology – sigh