-- 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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Austin has 13 people shot, and it’s national news. Chicago has a “60 people shot” weekend, then a “43 people shot” weekend, and it doesn’t even merit mention on national news-front.
At what level does the situation get called a war zone? Leadership has abdicated all responsibility for providing safe and secure communities, yet citizens are not allowed to protect themselves from those who would cause harm.
Lori will introduce a new measurement, it’s going to be a total paradigm shift measuring violence in a more meaningful way.Chicago murders will be compared on a micro level against the total Russian fatalities in WW II. It’s miraculous! The Chicago number doesn’t move!
Lori will probably hold a press conference to praise herself on how well she is doing controlling crime. 55 shot last weekend. Only 43 this weekend. Heck– that’s almost a 20 percent reduction in only one week!