-- 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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“Don’t demonize them! They not lil’ Capones!” says mayor Raggedy. Crime is down.
Years back adult criminals used young people to commit crimes because they were treated more leniently in the juvenile justice system than adults.
Perhaps these teens should be treated the same way Obama, as Commander in Chief, treated military age males in Iraq and Afghanistan?
Who’s his daddy?
Parents should be so proud I can hear mamma asking how was work today son.
“ A little rough, momma. Some fool actually tried to fight back! He under arrest.”
Product of the CPS. No education, so they only skills are criminal.
A whole generation of this to look forward to.
It is going to get ugly.
BUT DON’T FORGET……….THE TEACHERS NEED A RAISE FOR DOING SUCH A GREAT JOB!!!