-- 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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Is it still a car jacking if the value is under $2000?
The city is NOT fighting to control carjacking. The city, state and feds are working overtime to encourage carjacking and other crimes
Why should carjackers stop? There is nothing to be feared. CCSA Foxx’s staff will drop, reduce or not approve charges. There will be no bail set, get out of jail free card applies, there will be no jail time so for the jacking crowd life is good. No consequences means no learning curve.
Blm is now controlling Chicago and Illinois politics completely.
Maybe Foxx needs to be taught a learning curve.