-- 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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Good dog!
All the crime fighting tools in the world aren’t worth squat when some judge releases Davonte and Javerious a half an hour after being hauled in. And so much for standards of having a professional appearance that commands respect with officers in cargo pants sporting dreadlocks and overweight women officers that get bounced around like a rubber ball.
😮 I’ll go ahead and say it: Women Should Not Be Cops! Different if Chuck Norris was trans, but he’s not!