-- 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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Fail to understand the perceived magnitude of this weekend. Lori is not having a good week. Maybe Lori knows any excuse will be used for looting and beatings. Lori, there are no coincidences in politics. You’re being carpet bombed with problems by a fellow Democrat. Send Toni a thank you.
Why would Juneteenth lead in an increase in crime? Only in a clown world
Yea, stick to the cops. What’s the budget look like? Oh dats right budgets is rasiss. While the poor cops are standing around determined to reduce the skyrocketing shootings. Lori has her ceremonial regimental marching band practicing on Wrightwood.
Several cops have recently started talking about a new policy coming out of Kim Foxx’s office to the effect that she won’t prosecute a shooting murder unless there are two eyewitnesses to the act. Someone ought to ask her publicly about that. If that is true, it is comical. Not that many murderers like to kill with a lot of people watching. And in Chicago, the likelihood of getting witnesses to testify is also demonstrably close to zero. So if the word gets out on the street, it is going to be a nasty summer.