-- 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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Where was all this “loot” found? I saw the report of this on ABC7 but they never said. No announced arrests. I’m suspicious of these reports around holiday time. They’re political sop for merchants and liberal simpletons to make things seem under control.
If anyone is apprehended, Kim Foxx will find a reason to release them and eventually drop the charges. ‘There isn’t enough proof.’ Or maybe she can work ‘mutual combatants’ into the conversation somehow to justify release.
Social Justice Warriors will be the death of our legal system.
If anyone is apprehended, Kim Foxx will find a reason to release them and eventually drop the charges. ‘There isn’t enough proof.’ Or maybe she can work ‘mutual combatants’ into the conversation somehow to justify release.
Social Justice Warriors will be the death of our legal system.
“organized retail theft”
There was a time when the Feds investigated organized crime…
Great, the found the loot. Any suspects apprehended? All that stuff would be a lot of work under stressful conditions. Obese people running with arms full of pirate treasure. Why not get a job?