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Rauner: No Information :: Chicago Tribune: Misinformation
Illinois politics evokes some of the best absurdities ever,
but the Tribune also offers a steady diet of the outlandish – and today in the
“Campaign 2014” article “Rauner Light on Pension Details,” a reader gets both
in ample amounts.
Accusations by the Tribune about Rauner’s shortcomings
include his “prescriptions for how to accomplish that (pensions among other
things) have been vague and at times contradictory” (http://www.chicagotribune.com/news/local/ct-bruce-rauner-pension-plan-met-20140522,0,6397335.story).
No surprise there. Why should or would he? For Bruce Rauner,
winning as a dark horse against Dillard and Brady, remaining below visibility
works best. In fact, we all feel at this
point that we know more about how Bruce’s darling democratic wife Diane will
treat or work with us than we do of Bruce.
Oh, well, perhaps he is still hunkered down with his supreme faction of
30 business leaders preparing a mission statement and action plan.
On the other hand, why say anything at all?
The last time he did, with Rick Pearson of the Tribune, he
called for an immediate movement of all current retirees to 401 K programs –
regardless of no social security, no possible plan to enable it, a lifetime of
contributions, or no real chance constitutionally that such irrationality could
take place. Later on, Rauner said he had
misspoken.
Better to use the camera, the 30-second sound bite, the
ethnic faces to make one appear to be exactly what he isn’t. If money and airtime worked against Dillard
and Brady, even just barely, why not now?
After all, Quinn is likely to lose at least 150,000 votes in the
election after his supernatural quest to fix Illinois’ pension problem. That’s an edge.
Then again, the same complaints made against Rauner could be
made for the constant misinformation served to the readership by the Tribune and
its staff in this article and many, many others. Earlier this week, Jack Tucker pointed out
the Eric Zorn’s “pretend” concern over the unconstitutionality of the pension
reform bill included a bizarre and totally inaccurate statement putting blame
on the pension shortfalls on poor TRS investment returns.
“The point #1 is COMPLETE
BULLSHIT! TRS returns have consistently been upper quartile compared to all
large US public funds. Over 30 years the returns have averaged 9.3% net of
fees.
This crap comes from
Civic Committee BS that desperately “hopes” there is someone or something to
blame other than the Legislature.
If something over which
they have better control (Illinois State Board of Investments) CONSISTENTLY has
poorer results than the other public pension funds, this cannot be the
“answer”.
I was hoping that the
integrity of the office and the occasion would require some regard for reality.
I am bitterly disappointed.”
Remember like good little
cogs who follow corporate orders, cannot stand the evisceration of their own
defined benefits if others still have them, and promote in ink “I’m no fan of
government pension systems,” Zorn and his fellows work day and night
reconstructing what happened and who is to blame…and what they hope will
result.
After criticizing
Rauner’s latest back stepping and tremulous tiptoe around the subject of COLA’s
for current retirees, Pearson and Secter both write in today’s article, “The
automatic, compounded three percent annual raises are a key reason debt has
skyrocketed, according to critics of the current system”
( http://www.chicagotribune.com/news/local/ct-bruce-rauner-pension-plan-met-20140522,0,6397335.story).
What critics? The Illinois Policy Institute. C’mon guys.
Be reporters!
Even Representative
Elaine Nekritz would admit that the real issue is the $100 billion shortfall
due to what she suggested a diversion of funding from what was owed
pensioners, not theft.
Fred Klonsky was quick to
call that “a distinction without a difference.”
The COLA has been an actuarially calculated part of the
pension program for nearly four decades.
It was not the COLA that opened the bottom of the debt bag…it was the refusal
and avoidance to pay to begin with, followed by the avoidance of making
payments afterwards.
As usual, the Tribune, a post-modern and bankrupt newspaper
supposed to promote truth, avoids desperately identifying any real issue,
especially those that hit close to home.
In fact, while Rauner hides behind what worked in the past –
an abundance of shallow, millimeter thick attacks and unctuous flatteries of
Bruce as a “good man,” the Tribune
relies on avoidance, or is it lying.
A distinction without
much difference.
The Tribune is to journalism as the gubernatorial candidates are to statesmanship.
ReplyDelete- Ken