-- 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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From the trib article (not linked) about this event:
“The photographer, Colin Boyle, also tweeted an apology saying he removed photos that clearly identified Northwestern students amid the conflict.”
Yes, the lesson is that agitating students will be protected and remain anonymous. Even better, they should just wear black bandanas and masks over their face next time.
There are words and phrases that define the dysfunction in the people who use them:
“Triggered.”
“White privilege.”
“Unconscious racism.”
“Safe spaces.”
(I’d add “holy diversity” but this term isn’t used, although it’s self-evident as a sacrament among the Leftist cult.)
Sooner or later, those who “can do” will stop accepting these blood-libels from those who “can’t” or “won’t” do and abandon the latter to their own devices (and the fate that awaits the useless, lazy, whining and unproductive.)
I guess this is what Idiocracy looks like in reality; Judd’s movie adaptation was satire, but ours is a tragedy.