-- 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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Will the education of the kids get any better?
By ‘complicated’ they really mean that their skin was white, and the white man’s history has no place in schools populated by BIPOCs. It’s no longer about American History, it’s about BIPOC history of oppression in America.
That is, while America remains American before it dissolves in a majority BIPOC ethnostate.
Ethnostates plural.
They only want to rewrite history to suit their means.
You learn from history and those that don’t are doomed to repeat.
Obviously Chicago and Illinois are just going to be dumb and stupid.