-- 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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The article correctly notes that blacks were making economic and social progress in Chicago over 50 years ago, but something happened to derail that process. But the article does not mention what happened immediately preceding the downward spiral. That would be the beginning of the Great Society programs of the late 60’s, and the riots of 1967 and 1968. “This maldistribution of resources has also resulted in a maldistribution of violence.” Actually, this reverses cause and effect. It is the maldistribution of violence that causes the maldistribution of resources. Investment flees when violence takes over a community. “What happened in… Read more »
“We didn’t vote for Trump.”
This was a horrible article there are so many things wrong about it but the “we didn’t vote for Trump” pretty much sums it up.
But the irony is that maybe, just maybe, things would get better if they had voted for Trump. Isn’t that the point of democracy?
Perhaps it is blacks themselves who need to truly honor Black History, by showing and teaching self-respect, honor, dignity and character. Pull up your damned pants and lift your head high. Plenty do, but activists and the media distort all for political narrative. George Floyd as role model does no good.
We wait for black leaders and politicians to say this, though many marginalized intellectuals already have.
None of the things you mentioned are gonna happen
Larry Elders is currently running for California Governor, let’s hope that the media gives him some attention.
OK, the media will give him plenty of attention, but not the kind he needs Look forward to false charges of cheating on taxes, sleeping with his entire staff, being a war criminal, being a pedophile catholic priest, and horror of horrors being a part of a Russian collusion plot. I hope he wins, but he is about to face the whirlwind of the propaganda wing of the democrat party.
Alabama is about to send its first black republican to its state house since reconstruction. Republicans will vote for anyone of any race with a D next to their name….Democrats? Not so much