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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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This is all part of Lori’s defunding the police without formally defunding the police. Lori’s demand for vaccination isn’t about compliance, it’s about submission, and he’s firing those that refuse to submit to her will, and she doesn’t care about what happens to anyone else in the city.
You’re thinking too small scale. This is a national purge of of those who don’t support the democratic / Rino party, their agenda and vison for the future and our place in the new global order. The goal is elimination of wrong thinking individuals in all our agency’s, institutions and largest corporations. It’s truly evil and sickening and the stuff civil wars spring forth from. Lori is but a cog in a giant liberty crushing machine taking her orders from above.
After a few years of crushing defeats and demoralization, I feel like the tide is finally turning. Lori isn’t going to fire 2,800 cops, she’s trying to call their bluff because she has personal vendetta agianst the FOP prez but she is going to lose this battle. They may be put on no-pay for few weeks but she’ll call all of them back after it comes out that she’s hiring unvaxxed suburban cops at overtime rates while firing unvaxxed CPD cops … But this part of a larger cultural batter and the pendulum is swinging the other way. We have… Read more »
Let’s hope it is a cool summer. With people already on edge and frustrated with overall high inflation and insane gas prices, one of Chicago’s notorious hot streaks could be the tipping point.