-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Where are your kids at 1 am? Do you care? Are you out there kickin with them? Oh , hell with it! Dance, get high/ drunk, fight and eventually shoot/ get shot. It’s the life you want to live and demand the right to have. Enjoy yourselves.
Maybe Pinhead may want to free up some of his security to help with the gangs . Then we wouldn’t need the guard
Maybe the mayor should ask for federal help solving the international gang , drug and violence problem. But I’m just an ordinary citizen, not a former union organizer who probably knows more about public safety.
If the feds send the National Guard, then they aren’t really helping. Arrests need to go up, the Guard can’thelp with that.
They will keep ICE personnel safe while ICE rounds up international gang members . While at the same time , putting the fear of actual arrest for federal crimes in the minds of our riot prone democrats.