-- 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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Karma’s a bitch.
Excuse me while I chuckle!
Better make room for those 2% of high school black seniors that can read at a 2nd grade level.
More fake history from CRT fraudsters
“Everything in the United States is rooted in the history of slavery,”
Is the explanation why a university founded in 1890 owes reparations.
This is reason 1001 why reparations are a grift.