-- 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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I look forward to U of C developing courses called “the problem with blackness,” and “The problem with violence in the black culture.”
Then, and only then, should “The problem with whiteness” course be offered.
“Freedom of speech?” Don’t make me laugh!
Filthy racists hate being called filthy racists
“The class approaches whiteness as a problem …”
sounds racist