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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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Does the Supt actually believe that the thugs doin the shootin are listening to him. Or that they can actually process what he is saying? This is so silly it’s sad.
Ok now we have the police superintendent using the words of a preacher. This proves that it comes down to morality, not guns.
Just when I think that Downtown Dummy Brown has said something really dumb, he never fails to trump his last statement with something so stupid as to be unbelievable. His latest “forgive your enemies” comments might work with folks who regularly attend church, but members of his target audience probably haven’t seen the inside of a church in decades, if they ever had been in a church at any time in their lives. Gunning down an enemy gives the murderer street cred in their circle of criminal friends and acquaintances. It gives them a feeling of power which far out… Read more »