-- 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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More woke nonsense and misuse of resources by a Chicago institution.
Russia is taking over its neighbors and we’re gazing at our navels coming up with even more preposterous woke nonsense. University of Chicago? So embarrassing.
U of C has a long history of male nobel laureates. Many of them were….not PC…to be frank.
Now, U of C is actively discouraging future nobel laureates from attending or teaching U of C with their woke nonsense.
Like all communists, destruction is the point, and to destroy an institution as storied as U of C would be a great prize for them.
It’s sad, really.