-- 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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Kids are pushing back against this crap because they know parents are against it. When your fat white liberal teacher with 7 cats tells you to wear rainbows clothes in June to celebrate ‘pride’, being LGB…Pederast, suddenly isn’t cool anymore. One parent in my neighborhood told me that the boys at the local middle school organized a silent protest to ‘pride’ and wore all black. Nearly every boy in the school wore all black on the rainbow day, and the handful of kids who did wear pride were made to feel uncomfortable.
Parents rights will be a great issue for 2024 — as Democrats have to defend schools that teach race hate and sexual perversion.