-- 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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And the cops did nothing about it. Only make out reports and look at luxury homes in Punta Gorda, Florida. Rule #1- take the huge pension and leave ASAP. The Chitty of Chicago is not a safe place.
So many unacceptables; so little thought or analysis. We simply MUST elect more competent legislators. Then THEY must stop crime and poverty. Even the senile must be getting skeptical.
Dickie, Dickie, Dickie … it is “absolutely unacceptable” that anyone, USPS postal worker or not, is “being attacked while they’re in the neighborhoods in the city of Chicago.”
Dickie, why do you only speak up for postal workers – what about the everyone else?
Please think before bloviating.
No wonder mail has become as unreliable as any 3rd world failed state
If the city stopped enforcing zoning and building codes, Chicago would look like the shantytowns of Johannesburg in a matter of months.
Hey Dick, how bout we start locking up robbers!