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Jim grew up on the Southwest Side and went to St. Bede the Venerable grade school and Bogan High School. He never forgot the hot, sticky smell of Vietnam. And he never forgot the eight Army buddies he lost there in an ambush in 1971. He made it his life’s mission to track down each of their families, spread across the United States.
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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