-- 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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The great part about shootings is that it complies with Jabba’s social distancing directives. The shooter should always be six feet or more away from a target when shooting. Drivebys are the near perfect manner of gangkillings, provided that there are only two people in the car, and the shooting perp is in the third row on the passenger side to ensure he is at least six feet from the driver. I imagine stabbings are likely down as no one wants to get coughed on by their victim.
Gotta kill more to make up for that lost time. There’s quotas to meet!
Same ole Chicago, with or without virus.