-- 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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Among other disasters, carjacking will be a Kim Foxx legacy. What a lowlife.
Per wikipedia, Chicago’s #1 nationally for carjacking!!!!
And the city of Chicago and it’s alderman or whatever there called are more concerned and worried about renaming lake shore drive what a pathetic group
Carjacking shouldn’t be a crime; Kim Foxx looks at it as a free Uber for poor, indigent defendants without access to an iphone or a bank account.