-- 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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Rep. Lauren Underwood: As an American politician you are entitled to share your colleagues’ personal negative beliefs about Jews and Christians, but as a registered professional nurse, you are not. As you know, to renew your nursing license in Illinois you must complete “implicit bias” CME module. Not much in there, as currently written, about Jew hate. Can you imagine yourself and fellow nurses gleefully cheering as bloody, physically traumatized hostages are brought into hospital, as nurses in Gaza did October 7 2023? Until recently it seemed inconceivable. It seems likely that significant numbers now attending publicly funded Universities will… Read more »
Shit shill should be fired now