-- 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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Yes, LL, you can arrest your way out of a surge in gun violence. Ask some cops on the street. They know what works, you don’t. It will work if your co-conspirators, Kimmy and Timmy, prosecute and convict guilty arrestees. Your other co-conspirator, Tommy, needs to keep them in jail after conviction. Problem solved. Catch and Release has never worked. It’s great for bass and muskies but not good for criminals.
It’s incredible how stupid,uninformed and out of touch the failure of a mayor is. It’s either that or it is a stone cold liar. I’m going for a combination of the above. A lying, stupid, uninformed, out of touch failure.
Lightfoot should lockdown the westside – you know, 15 days to flatten the curve of shootings.