Chicago pensions: a preview of coming attractions for Medicare & Social Security?

Chicago’s pension system (for police and firefighters) is all-but-officially bankrupt, and Chicago’s property owners look like the most likely target for the city’s desperate attempts to save it. According to a report by Nuveen Investments, a state law passed in 2010 — but that kicks in next year — requires Chicago to massively increase its pension payments in…

America: Proudly Offering BOTH Kinds of Policy Options. HA!

One of the most pernicious effects of the Fed’s policies on American politics, especially over the past 25 years, has been what increasingly seems to be a homogenized set of policy choices. Identifying this homogenizing effect has been one of the themes of Mixed Market Artist. [youtube width=”560″ height=”315″]https://www.youtube.com/watch?v=vS-zEH8YmiM[/youtube] For example: Americans elected the “Not Bush”…