-- 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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She is such a liar. These are not petty offense violators being released. She makes it sound like they wrote a bad check or stole a pack of cigarettes. These are violent thugs who have rap sheets a mile long, and they should be in jail without bail after victimizing innocent people, instead of being let out to prey on new victims and cause further pain. Furthermore, what happened in past history has zero bearing on today’s thugs. There are no past grievances that can be addressed by coddling today’s perpetrators.
You moved away from accountability for any offense Toni. Can’t you be honest about anything?