-- 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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A simple question in a state that is by all definitions” bankrupt “.
Who will pay for all the Medicare for all,
Guaranteed income, baby bonds.
Try and implement this program and you get
Detroit on a state level.
I see no mention of people from the Orient in this article. Perhaps it is because their wealth exceeds those of white people, yet they are considered persons of color and a minority?
They become ‘white adjacent’ when they begin voting republican.
One of the biggest detriments to minorities accumulating wealth in Chicago is the dismal education students receive from Chicago Public Schools and the Chicago Teachers Union.
In my lifetime I have seen the destruction of thriving Black areas by social engineers – supported by clueless politicians.
BTW: how’s LBJ’s Great Society working out? Not so good, eh?
Many, if not most, Chicago Public School kids are lacking the skills necessary for a career.
Pity the children and the society they will inherit!
Despite championing the landmark Civil Rights Act of 1964 and signing it into law, Lyndon Johnson was also known to be a racist and a notorious vulgarian who frequently used the N-word in private. Although there is no definitive proof beyond private hearsay, it is plausible to believe he might have said that Black people would be voting Democratic for the next 200 years. The last 50 years has proven it to be correct.
Chicago and the Democratic Party have a long history of racial bigotry, dating back to the city’s rise as an industrial metropolis that exploited immigrant and Black labor. While downtown areas flourish for the wealthy, poor Black and Brown neighborhoods on the West and South Sides are neglected. These inequities, often blamed on white privilege, are actually rooted in the party’s persistent disingenuous practices, such as uncontrolled immigration. Today, the focus on crime and youth violence overshadows the deeper issues of racial hypocrisy and party abandonment. Despite this, the Black community is expected to vote almost unanimously Democratic, as illustrated… Read more »
BY THE DEMOCRATS REMEMBER THAT IN THE VOTING BOOTH ON NOVEMBER 5
So tired of eggheads and their textbook reasons for poverty in non- white communities. Here it is: You can’t have wealth in neighborhoods were people don’t work, where crime thrives, where businesses get tired of being shoplifted into oblivion and no one with any sort of money wants to live there. Not rocket science.
Bingo. It has been proven since the dawn of time which groups want to build a civilization, and which want to live as parasites off of that group’s hard work. I consider myself blessed to be a member of the superior group.
As Aesop showed us, there are ants and then there are grasshoppers.
Could you specify which groups? It seems that throughout time there have been some people that are more into building society while others merely take. I’m not sure how they are grouped though.
LOL PPF, I’ll give you a ‘group’ relevant to today’s discussion – it’s in the middle east…one is a functioning democracy that has different right wing or centrist governments every four years and is know for its high tech. The other is a terrorist state run by actually terrorists, and the population is actually inbreed over centuries, and would be living in caves and huts if not for the generosity of its richer neighbors. One is supported by Republicans, the other, supported by Democrats. Can you solve this riddle?
I didn’t ask you debtsor to clarify but instead asked John. Now you are trying to claim the “groups” that John was discussing. It sounds like you are talking about different groups than John. Perhaps you let John answer for himself which groups build up society and which ones want to live as parasites. Unless John doesn’t want to defend his garbage.
When I can cite communist Wikipedia …
https://en.wikipedia.org/wiki/Atlas_Shrugged
“The book depicts a dystopian United States in which publicly traded companies suffer under increasingly burdensome laws and regulations. Railroad executive Dagny Taggart and her lover, steel magnate Hank Rearden, struggle against “looters” who want to exploit their productivity. They discover that a mysterious figure called John Galt is persuading other business leaders to abandon their companies and disappear as a strike of productive individuals against the looters. The novel ends with the strikers planning to build a new capitalist society based on Galt’s philosophy. (Emphasis added).”
That’s just pure racist crap.
Agreed Brian. At a time when the GOP has the upper hand on many policy positions, some of their voters and leaders just can’t get out of the gutter. I realize many people on the left also have horrible racist views but it doesn’t make sense to focus on these issues when you are holding a winning hand. It’s probably why people in the middle are always voting for the least horrific candidate.
Not this stupidity again. Your side has literal nacsee sympathizers attempting to take over your party, and you think John (who was clearing talking about Democrat moochers or their historical equivalents) is the problem.
Thank goodness republicans don’t listen to you, otherwise, they might have lost the popular vote in the previous election in 2022! Because antisemitism is so dang popular!
What side is that debtsor? I don’t identify with low intellect Trumpers and I definitely don’t identify with far left progressives. The left is so crazy (and Kamala so awful) that my only likely choice is to vote for a man child. That doesn’t mean I have to like it or can’t expect more from my elected leaders. The reasonable voters in the middle are the ones that are left to suffer this garbage. You like so many others here think if you don’t support racist vitriol that must mean you are a democrat. That says more about you and… Read more »
The man-child made a fantastic president during 2016 and 2020, and he would have accomplished so many more great things had he not be hamstrung by members within his own GOP and Democrat’s fake scandals. Your TDS is showing through. No, I’m not in a ‘cult’, I looked at the other primary contestants, and none of them were as good as Trump. Trump is human, and he has problems, but they all do. I can look past those human faults, and I’m excited to give him the four more years he deserves.
LOL Brian, you’re the racist, because you automatically assumed he was talking about Black People. He was talking about Democrats, or historical versions of them. But what I want to know is why you think Black People can’t build civilizations?
You keep answering for John when you have no idea what he meant. Perhaps you stop believing you’re the main character and let others speak for themselves.
Also, why would you assume he was talking about Democrats? He said since the “dawn of time”. I’m sure you’re right though. I’m sure John was discussing the dawn of time Democrats. lol
Democrats have always existed but they were called something else. Its human nature.
If John wanted to be racist, he would have said it.
Its YOU racists putting words into his mouth.
Ayn Rand addressed the groups of producers and the takers in her famous book Atlas Shrugged. Was she a racist too?
John was very clear in what he said, I understood him. If John wanted to be racist, he would have said so. now if he drops a N bomb in his next post, I’ll admit I’m wrong.
No need to waste your time on these liberal spies, debtsor. To set the record straight: yes, I was referring to theXX
If this is really you and not some fake poster, you’re an a-hole
A fake poster. And an asshole.
Just another horrible racist that would rather feel “superior” in his own mind. Also, calling out racism doesn’t make one a liberal. Such simple minded thinking.
Deleted and blocked.
Interesting theory. Prove it with real, valid statistics.
The reality stares one in the face everyday in urban, and sometimes rural areas. Witness the leaving of Wal Mart from Portland and Chicago. The exit of Walgreens from SF, among other areas. “ Activists “ blamed the loss of these businesses on “ racism and disinvestment “ when in reality it was crime and a year after year loss of revenue that did them in. Crime drives ( creates ) poverty, not the other way around. Crime causes previously nice areas to become dangerous cesspools. A lack of education and a student population unwilling or unable to learn causes… Read more »
Sounds like Brian needs to reread The Bell Curve…..or perhaps The Origin Of Species.
Even California of all places understands this. Gov. Newsom of California is sending in the national guard to Oakland to prosecute crimes because the district attorney there won’t do it.
https://abc7news.com/post/california-national-guard-attorneys-begin-prosecuting-criminal-cases-alameda-county/15138416/
CA National Guard attorneys to begin prosecuting criminal cases in Alameda Co.
Try reading Thomas Sowell. He has written several books showing that culture and values are the determinants of outcome, not skin color.
But I guess it’s easier and more acceptable to just scream “racist!”
I enjoy Sowell’s books, but always felt he was too afraid of the social repercussions should he actually spell out his central thesis in plain terms. Which makes no sense, because the cultural subgroup he’s referring to generally can’t read. 🙂
This article was a tough read. It’s clear that those claiming to help black and brown communities are either well-meaning but clueless, or they are just poverty pimps keeping their own gravy train running.
It sure is sad to read. It started with exactly the right anecdote but didn’t follow up on it. “Da’Sean Hillsman was 17 when he became a father in the late ’90s….” Rule No 1 in stopping intergenerational poverty and crime is get people to not have children until they have a committed partner and the means to raise a kid. Maybe he was married. It doesn’t say, but that’s just too young and he did not have the means. Brandon Johnson and so many others refuse to talk about Rule No 1, which is why their talk about “root causes” is… Read more »
Being young and having a child before marriage prior to the modern era was not uncommon. That problem was solved with a culture of ‘shotgun’ marriages as they were called. Premartial s3x was common among youth especially after getting engaged or dating a while, and was overlooked by the church as youthful indiscretions in committed relationships. Many fathers and mothers went on to have very productive and fulfilling lives despite getting pregnant young. But today, that marriage doesn’t happen, which means that this ‘family’ isn’t pooling resources. But the specific mechanism by which having a child young and out of… Read more »