-- 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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Come on your downplaying the shootings . Let’s include the other FOUR days .
Trumps administration is currently investigating the downplaying of crime statistics in blue cities. Let’s not believe that crime is down, people. Reporting it is down, the charges are being reduced to misdemeanors, Spot Shotter ( which would’ve revealed yet another murder this weekend ) was too effective for some folks and police have all but stopped responding within a reasonable time frame. Crimes ( shootings ) on the highways are slid off onto the state or Feds ( depending on the route) and therefore don’t show up on the CHI radar. Dems stay up at night trying to sweep their… Read more »
I don’t think a short stay by the national guard will reduce 2 dead 16 hurt in a weekend in Chicago to 0 dead 0 hurt.