-- 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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Fixed the headline for you:
Chicago’s Crime Crisis Is Repelling Businesses, Jobs, Tourism — Failed Mayor Lightfoot’s Solution? — An Amateurish, Lackluster, Dopey And Pointless Video Of ‘Who Cares’ Facts About Chicago History
You’re Welcome!
They should include blood stained crime scenes, chalked outlines of murder victims, carjackers hall of fame and the aldermen in prison museum.
Be careful- Both guerrillas and gorillas may have Covid unless they have been boosted which means they still can have covid and transmit it. Go figure.
Until LL and her merry band of Marxist council members are gone this “guerilla campaign” is doing nothing more that loudly applying lipstick to the mouth of a pig.