-- Connecting the dots between our economy, government and business --
If it feels like violent crimes on the CTA are on the rise this year, that's because they are. At this point last year, there were 465 violent crimes reported on the CTA system, compared with 592 during the same period this year.
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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Take the cage off that dog’s face and let him do his job.
Make sure he has all his shots, no telling what diseases he may encounter.