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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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Let’s face it: our Chicago and Cook County Democrat politicians aren’t interested in welfare of their constituents’ low-income children. Facts prove that out. These two murdered young men will be forgotten within the week. No Chicago or Cook County politician is genuinely motivated to solve underlying social problems, and enabling governmental social policies, causing Chicago’s casual acceptance of its horrific current violent crime-rates. Many of Chicago’s low-income kids are facing non-productive and disruptive adult lives due to absence of adequate parenting, and due to destructive social policies and naive PC group-think. Public schools fail to adequately educate 95%+ of students.… Read more »
Whats really appalling is: nobody cares! We all know why! Blacks are disposable. I think Joy Reid said it best when she went on a rant about missing white girl syndrome, the reason for the syndrome should be obvious even to a dimwit like Joy! Somebody cares. Some kid gets shot to death, it’s tsk tsk, we much do better! Maybe the parents care, maybe! Those are Chicago Values!
It is galling to watch the news and see these stories covered as if they are some random acts of violence. This is gang activity. I guess it will all be fixed when Lori sues the gangs and takes away their assets.
Aaahhhh, ghetto violence, saving taxpayers millions in ghetto drama costs one body at a time