-- 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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It is so tragic that years ago Wally Jacobsen and his ilk wanted bad thoughts made into crimes, This incident is simply vandalism.
How many “haters” are responsible for their own emotions of antipathy for other groups? Palestinians and other Muslims have been taught to hate Jews for generations. Israel was established because the USA and Western Europe were unwilling to provide sanctuary for the Jews of the Diaspora. You’ve got to be taught before it’s too late, Before you are six or seven or eight, To hate all the people your relatives hate, You’ve got to be carefully taught Society can’t afford to provide psychoanalysts for every bigot and dogmatist. There is no blood test to establish hate. No surgeries to prevent… Read more »