-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
I stand with the Police. Tired of the little tyrannical troll who won an election against a lady who thought sugary drinks were our biggest issue. Pathetic.
🚫💉 or no 👮🏽♂️👮🏻👮🏼♀️🚔…
Which means LL will have Chicago citizen 🩸 on her 👐🏾…
Back the Blue! Always!
Screw Lori!
Back the blue
If they had a GoFundMe for CPD having to decide between standing up for their personal beliefs vs putting food on the table, I’d gladly donate to that.
I wish the second city cop blog was still around!
We all need to back the blue!
HOORAY!!
This is the news that is music to my ears.
More please!
Stand up…stay strong…keep fighting…
Do Not Comply!
Lori knows she’s lost the crime battle. If enough police are not eligible to work she’ll have no choice but ask Porky for help. So we can expect the NG to stand around on street corners.
Good for the union. Call Lori’s bluff and let’s see what happens. She will back down I bet since she already is grossly mismanaging the crime situation.