-- 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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Afghanistan would be an improvement, no US casualties there this year, zero, nada.
Update, 60 shot and still counting! Is it any wonder Lori is guarded by a regiment? Ain’t safe! Will she separate the security detail from CPD? It’s big enough for militia designation! Special uniforms too. Lori will walk the battlements dressed like Duce in a fez hat.. Lori will just go on pretending everything is just fine, Chicago is open; let’s have fun. Nostalgia at its best! We’ll play duck and cover.
Please remind me which if any of our political and civic “leaders” support law and order?
So much for Lightfoot/Brown most recent initiative towards crime-fighting. Big oops.
55 shot, o match 55+ cops now assigned to Lightfoot’s personal protection-squad? Lightfoot has equivalent of entire north-side district assigned to her Logan Square block. Crime rages in Chicago, and our mayor, who otherwise hates cops, who equates “equity” with “crime-tolerance”, is nonetheless barricaded behind a wall of cops. What a sanctimonious hypocrite. Taxpayers should be outraged. Trib should be headlining that story.
“who equates “equity” with “crime-tolerance””
That’s a good way of describing it.